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City of London (LON:CTY) Stock Crosses Above 50 Day Moving Average - Time to Sell?

City of London logo with Financial Services background
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Shares of City of London (LON:CTY - Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 437.15 ($5.65) and traded as high as GBX 444.50 ($5.75). City of London shares last traded at GBX 444.50 ($5.75), with a volume of 515,286 shares changing hands.

City of London Trading Up 1.0 %

The company has a debt-to-equity ratio of 7.40, a current ratio of 7.10 and a quick ratio of 0.50. The firm's fifty day moving average is GBX 437.65 and its two-hundred day moving average is GBX 433.94. The firm has a market capitalization of £2.24 billion, a PE ratio of 7.64 and a beta of 0.66.

City of London Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, January 23rd were issued a GBX 5.25 ($0.07) dividend. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, January 23rd. City of London's dividend payout ratio is presently 35.35%.

City of London Company Profile

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Further Reading

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