City of London (LON:CTY) Stock Passes Below Fifty Day Moving Average – Time to Sell?

City of London (LON:CTYGet Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 431.55 ($5.36) and traded as low as GBX 431 ($5.35). City of London shares last traded at GBX 437.30 ($5.43), with a volume of 621,511 shares traded.

City of London Stock Performance

The company has a debt-to-equity ratio of 5.73, a quick ratio of 0.50 and a current ratio of 3.34. The stock’s 50 day moving average price is GBX 431.55 and its 200 day moving average price is GBX 432.69. The company has a market capitalization of £2.17 billion, a P/E ratio of 1,755.36 and a beta of 0.66.

City of London Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, January 23rd will be given a dividend of GBX 5.25 ($0.07) per share. The ex-dividend date is Thursday, January 23rd. This represents a yield of 1.2%. City of London’s dividend payout ratio (DPR) is currently 8,400.00%.

City of London Company Profile

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