City of London Investment Group (LON:CLIG) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

City of London Investment Group Plc (LON:CLIGGet Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 364.10 ($4.93) and traded as low as GBX 361 ($4.88). City of London Investment Group shares last traded at GBX 369 ($4.99), with a volume of 42,853 shares trading hands.

City of London Investment Group Stock Performance

The stock has a 50-day moving average of GBX 357.26 and a 200-day moving average of GBX 363.91. The firm has a market cap of £178.36 million, a price-to-earnings ratio of 11.87 and a beta of 0.47. The company has a debt-to-equity ratio of 4.72, a quick ratio of 2.68 and a current ratio of 3.86.

City of London Investment Group Company Profile

(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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