City of London Investment Group (LON:CLIG) Shares Pass Below 200 Day Moving Average - Time to Sell?

City of London Investment Group Plc (LON:CLIG - Get Free Report)'s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 365.89 ($4.92) and traded as low as GBX 359 ($4.82). City of London Investment Group shares last traded at GBX 362 ($4.86), with a volume of 20,444 shares traded.

City of London Investment Group Stock Performance

The stock has a market cap of £177.88 million, a price-to-earnings ratio of 11.84 and a beta of 0.47. 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 business's 50 day moving average is GBX 345.21 and its 200 day moving average is GBX 365.87.

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 ($0.26) EPS for the quarter. City of London Investment Group had a net margin of 27.80% and a return on equity of 12.88%. As a group, equities analysts expect that City of London Investment Group Plc will post 31.8965517 earnings per share for the current fiscal year.

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.