City of London Investment Group (LON:CLIG) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

City of London Investment Group Plc (LON:CLIG)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 371.69 ($4.79) and traded as low as GBX 330 ($4.25). City of London Investment Group shares last traded at GBX 330 ($4.25), with a volume of 45,604 shares traded.

City of London Investment Group Trading Up 2.7 %

The company has a market capitalization of £167.73 million, a P/E ratio of 11.16 and a beta of 0.47. The business has a 50 day moving average price of GBX 353.90 and a 200 day moving average price of GBX 371.40. The company has a current ratio of 3.86, a quick ratio of 2.68 and a debt-to-equity ratio of 4.72.

City of London Investment Group (LON:CLIG) last issued its earnings results on Tuesday, February 25th. The closed-end fund reported GBX 19 ($0.24) EPS for the quarter. City of London Investment Group had a net margin of 27.80% and a return on equity of 12.88%. Analysts anticipate that City of London Investment Group Plc will post 31.8965517 EPS for the current year.

City of London Investment Group Company Profile

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.