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City of London Investment Group (LON:CLIG) Shares Cross Below 200 Day Moving Average - What's Next?

City of London Investment Group logo with Financial Services background
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City of London Investment Group Plc (LON:CLIG - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 373.07 ($4.82) and traded as low as GBX 330 ($4.27). City of London Investment Group shares last traded at GBX 349 ($4.51), with a volume of 61,973 shares trading hands.

City of London Investment Group Stock Performance

The company has a debt-to-equity ratio of 4.72, a current ratio of 3.86 and a quick ratio of 2.68. The company has a market capitalization of £164.35 million, a price-to-earnings ratio of 10.94 and a beta of 0.47. The stock has a 50-day moving average price of GBX 360.55 and a 200-day moving average price of GBX 372.95.

City of London Investment Group (LON:CLIG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The closed-end fund reported GBX 19 ($0.25) earnings per share (EPS) for the quarter. City of London Investment Group had a return on equity of 12.88% and a net margin of 27.80%. As a group, analysts forecast that City of London Investment Group Plc will post 31.8965517 earnings per share for the current year.

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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