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City of London Investment Group (LON:CLIG) Share Price Passes Below Two Hundred Day Moving Average - Should You Sell?

City of London Investment Group logo with Financial Services background

City of London Investment Group Plc (LON:CLIG - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 376.42 ($4.67) and traded as low as GBX 346 ($4.29). City of London Investment Group shares last traded at GBX 352 ($4.37), with a volume of 61,174 shares traded.

City of London Investment Group Trading Down 2.5 %

The company has a current ratio of 3.86, a quick ratio of 2.68 and a debt-to-equity ratio of 3.73. The business has a 50 day moving average price of GBX 377.02 and a 200-day moving average price of GBX 375.69. The firm has a market capitalization of £168.53 million, a PE ratio of 1,326.92 and a beta of 0.47.

About City of London Investment Group

(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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