City of London Investment Group PLC (LON:CLIG) insider T A. Ridrugues sold 10,031 shares of the firm’s stock in a transaction dated Wednesday, November 23rd. The stock was sold at an average price of GBX 350 ($4.37), for a total value of £35,108.50 ($43,863.69).

Shares of City of London Investment Group PLC (LON:CLIG) opened at 344.50 on Monday. The stock has a 50 day moving average price of GBX 366.91 and a 200-day moving average price of GBX 343.70. The firm’s market cap is GBX 86.28 million. City of London Investment Group PLC has a 1-year low of GBX 265.00 and a 1-year high of GBX 414.00.

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A number of research firms have recently commented on CLIG. N+1 Singer restated a “hold” rating on shares of City of London Investment Group PLC in a report on Wednesday, October 5th. Peel Hunt reiterated a “neutral” rating and issued a GBX 403 ($5.03) target price on shares of City of London Investment Group PLC in a research note on Monday, September 26th.

City of London Investment Group PLC Company Profile

City of London Investment Group PLC is a holding company. The Company operates through asset management segment. The Company focuses on closed-end fund investments. The Company offers developed, frontier and tactical asset allocation and private equity closed-end fund strategies. Its Emerging Market closed-end fund provides long-term capital growth through stock selection and active country allocation.

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