City of London Investment Group Plc (LON:CLIG - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 363.20 ($4.72) and traded as high as GBX 382 ($4.96). City of London Investment Group shares last traded at GBX 368 ($4.78), with a volume of 35,507 shares.
City of London Investment Group Stock Down 3.2 %
The company's 50 day moving average price is GBX 371.18 and its two-hundred day moving average price is GBX 363.51. 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 firm has a market cap of £179.77 million, a PE ratio of 1,415.38 and a beta of 0.47.
City of London Investment Group Increases Dividend
The company also recently announced a dividend, which will be paid on Thursday, November 7th. Investors of record on Thursday, October 3rd will be issued a GBX 22 ($0.29) dividend. This represents a yield of 6.11%. This is a positive change from City of London Investment Group's previous dividend of $11.00. The ex-dividend date of this dividend is Thursday, October 3rd. City of London Investment Group's dividend payout ratio is currently 12,692.31%.
About City of London Investment Group
(
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City of London Investment Group PLC is a publically owned investment manager. The firm provides client focused equity portfolios. It invests in public equity markets across the globe. The firm invests in small cap companies in emerging markets to create its portfolios. It uses combination of macroeconomic, qualitative, and top down company analysis to make its investments.
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