City of London Investment Group (LON:CLIG) Shares Cross Below 200-Day Moving Average – Here’s What Happened

City of London Investment Group Plc (LON:CLIGGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 371.69 ($4.80) and traded as low as GBX 330 ($4.26). City of London Investment Group shares last traded at GBX 330 ($4.26), with a volume of 45,604 shares traded.

City of London Investment Group Price Performance

The company has a market capitalization of £159.51 million, a PE ratio of 10.62 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 4.72. The firm’s 50-day moving average is GBX 354.60 and its 200-day moving average is GBX 371.69.

City of London Investment Group (LON:CLIGGet Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The closed-end fund reported GBX 19 ($0.25) earnings per share (EPS) for the quarter. City of London Investment Group had a return on equity of 12.88% and a net margin of 27.80%. Equities analysts predict that City of London Investment Group Plc will post 31.8965517 earnings per share for the current fiscal year.

About City of London Investment Group

(Get Free Report)

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.

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