City of London (LON:CTY) Hits New 52-Week High – Should You Buy?

City of London (LON:CTYGet Free Report) hit a new 52-week high on Thursday . The stock traded as high as GBX 520 and last traded at GBX 517, with a volume of 612719 shares trading hands. The stock had previously closed at GBX 514.

City of London Stock Performance

The business has a 50 day moving average of GBX 505.17 and a 200-day moving average of GBX 492.99. The company has a market capitalization of £2.56 billion, a P/E ratio of 7.37 and a beta of 0.66. The company has a debt-to-equity ratio of 7.40, a quick ratio of 0.50 and a current ratio of 7.10.

City of London (LON:CTYGet Free Report) last posted its earnings results on Wednesday, September 17th. The company reported GBX 21.57 earnings per share for the quarter. City of London had a return on equity of 14.45% and a net margin of 95.77%. On average, sell-side analysts predict that City of London will post 5533.7129324 EPS for the current fiscal year.

About City of London

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