City of London Investment Group (LON:CLIG) Shares Cross Above 50 Day Moving Average – Time to Sell?

Shares of City of London Investment Group Plc (LON:CLIG) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 386.12 ($4.83) and traded as high as GBX 394 ($4.93). City of London Investment Group shares last traded at GBX 393.88 ($4.93), with a volume of 21,854 shares.

City of London Investment Group Price Performance

The stock has a fifty day moving average of GBX 386.12 and a two-hundred day moving average of GBX 376.80. The stock has a market cap of £192.47 million, a price-to-earnings ratio of 1,515.38 and a beta of 0.47. The company has a quick ratio of 2.68, a current ratio of 3.86 and a debt-to-equity ratio of 3.73.

About City of London Investment Group

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.