City of London Investment Group Plc (LON:CLIG – Get Free Report) shares passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of GBX 486.03 and traded as high as GBX 494. City of London Investment Group shares last traded at GBX 492, with a volume of 60,421 shares changing hands.
City of London Investment Group Trading Up 0.8%
The company has a market cap of £244.28 million, a PE ratio of 10.12 and a beta of 0.33. The company’s 50 day simple moving average is GBX 486.03 and its two-hundred day simple moving average is GBX 445.03. The company has a debt-to-equity ratio of 3.83, a current ratio of 83.10 and a quick ratio of 2.68.
Insider Buying and Selling at City of London Investment Group
In related news, insider Rian Dartnell bought 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 21st. The stock was purchased at an average price of GBX 455 per share, for a total transaction of £22,750. Over the last three months, insiders have purchased 10,000 shares of company stock worth $4,479,280. Company insiders own 44.00% of the company’s stock.
About City of London Investment Group
City of London Investment Group PLC (CLIG) is a globally orientated active asset management firm listed on the London Stock Exchange, consisting of two wholly owned subsidiaries, City of London Investment Management Company Limited and Karpus Investment Management. City of London Investment Management Company Limited has deep expertise in Global and International investing including Emerging Markets and Listed Private Equity. CLIM manages money primarily for institutional clients. Karpus Investment Management provides investment strategies across fixed income and balanced asset classes, primarily to wealth management clients in the United States.
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