City of London (LON:CTY) Sets New 12-Month High – Here’s Why

City of London (LON:CTYGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as GBX 592 and last traded at GBX 591, with a volume of 1025444 shares. The stock had previously closed at GBX 586.

City of London Stock Up 0.9%

The business has a 50-day moving average of GBX 568.78 and a 200-day moving average of GBX 559.16. The company has a debt-to-equity ratio of 4.43, a quick ratio of 0.50 and a current ratio of 0.07. The stock has a market capitalization of £3.04 billion, a price-to-earnings ratio of 5.18 and a beta of 0.85.

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