City of London Investment Group (LON:CLIG) Share Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

City of London Investment Group Plc (LON:CLIG - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-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 changing hands.

City of London Investment Group Price Performance

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 stock has a fifty day simple moving average of GBX 386.58 and a 200-day simple moving average of GBX 377.55. The stock has a market cap of £185.63 million, a price-to-earnings ratio of 1,461.54 and a beta of 0.47.

City of London Investment Group Company Profile

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.