City of London (LON:CTY - Get Free Report)'s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 436.71 ($5.67) and traded as low as GBX 428.50 ($5.56). City of London shares last traded at GBX 430.19 ($5.59), with a volume of 448,695 shares changing hands.
City of London Stock Performance
The firm has a market cap of £2.13 billion, a price-to-earnings ratio of 1,725.60 and a beta of 0.66. The firm's 50 day moving average is GBX 436.71 and its 200-day moving average is GBX 427.07. The company has a debt-to-equity ratio of 5.73, a quick ratio of 0.50 and a current ratio of 3.34.
City of London Announces Dividend
The business also recently declared a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 24th will be paid a dividend of GBX 5.25 ($0.07) per share. The ex-dividend date of this dividend is Thursday, October 24th. This represents a dividend yield of 1.2%. City of London's dividend payout ratio (DPR) is presently 8,400.00%.
About City of London
(
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The City of London Investment Trust plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.
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