City of London Investment Group (LON:CLIG) Insider Cooper Abbott Purchases 28,500 Shares

City of London Investment Group Plc (LON:CLIG) insider Cooper Abbott acquired 28,500 shares of the company’s stock in a transaction on Thursday, March 12th. The stock was bought at an average price of GBX 410 per share, for a total transaction of £116,850.

City of London Investment Group Price Performance

Shares of LON:CLIG remained flat at GBX 403 during trading on Friday. 58,274 shares of the company’s stock were exchanged, compared to its average volume of 78,144. The company has a fifty day simple moving average of GBX 390.84 and a two-hundred day simple moving average of GBX 382.85. The company has a current ratio of 74.85, a quick ratio of 2.68 and a debt-to-equity ratio of 3.30. City of London Investment Group Plc has a 52 week low of GBX 310 and a 52 week high of GBX 427. The firm has a market cap of £198.97 million, a price-to-earnings ratio of 9.57 and a beta of 0.29.

About City of London Investment Group

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.

The Company, through its subsidiary Karpus Investment Management (KIM), provides closed-end fund strategies across all asset classes to wealth management clients in the United States.