City of London Investment Group (LON:CLIG) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

City of London Investment Group Plc (LON:CLIGGet Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 377.55 ($4.62) and traded as high as GBX 378 ($4.62). City of London Investment Group shares last traded at GBX 372 ($4.55), with a volume of 21,996 shares traded.

City of London Investment Group Price Performance

The business’s 50 day moving average is GBX 386.58 and its 200-day moving average is GBX 377.55. The company has a quick ratio of 2.68, a current ratio of 3.86 and a debt-to-equity ratio of 3.73. The firm has a market capitalization of £187.52 million, a P/E ratio of 1,476.45 and a beta of 0.47.

City of London Investment Group Company Profile

(Get Free Report)

City of London Investment Group PLC is a United Kingdom-based asset management company, consisting of two wholly owned subsidiaries that invest primarily in closed-end funds for the benefit of their respective clients.

The Company, through its subsidiary City of London Investment Management Company Limited (CLIM), historically specialized in Emerging Markets and has expanded its range to International, Opportunistic Value and Frontier strategies, for primarily institutional clients.

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