City of London (LON:CTY) Sets New 52-Week High – Here’s Why

City of London (LON:CTYGet Free Report)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 570 and last traded at GBX 567.96, with a volume of 3221472 shares changing hands. The stock had previously closed at GBX 564.

City of London Stock Up 1.2%

The firm has a market cap of £2.92 billion, a price-to-earnings ratio of 8.32 and a beta of 0.66. The firm has a fifty day simple moving average of GBX 544.74 and a 200-day simple moving average of GBX 520.37. The company has a debt-to-equity ratio of 7.40, a quick ratio of 0.50 and a current ratio of 7.10.

City of London Company Profile

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