City of London (LON:CTY) Reaches New 1-Year High – Still a Buy?

City of London (LON:CTYGet Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as GBX 538 and last traded at GBX 585, with a volume of 6900511 shares trading hands. The stock had previously closed at GBX 579.

City of London Trading Down 0.7%

The business has a fifty day simple moving average of GBX 586.50 and a 200-day simple moving average of GBX 567.95. The company has a debt-to-equity ratio of 5.12, a quick ratio of 0.50 and a current ratio of 34.17. The firm has a market cap of £2.98 billion, a price-to-earnings ratio of 5.06 and a beta of 0.87.

City of London (LON:CTYGet Free Report) last released its quarterly earnings results on Wednesday, September 16th. The company reported GBX 22.50 earnings per share for the quarter. City of London had a return on equity of 18.79% and a net margin of 96.97%. As a group, equities analysts forecast that City of London will post 5533.7129324 earnings per share for the current fiscal year.

City of London Company Profile

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