City of London (LON:CTY – Get Free Report)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 436.15 ($5.76) and traded as high as GBX 442.50 ($5.85). City of London shares last traded at GBX 436 ($5.76), with a volume of 1,144,501 shares traded.
City of London Stock Performance
The firm’s 50 day moving average is GBX 436.15 and its 200 day moving average is GBX 421.08. The company has a debt-to-equity ratio of 5.73, a quick ratio of 0.50 and a current ratio of 3.34. The stock has a market cap of £2.16 billion, a P/E ratio of 1,744.00 and a beta of 0.66.
City of London Dividend Announcement
The firm also recently declared a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 24th will be given a dividend of GBX 5.25 ($0.07) per share. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, October 24th. City of London’s payout ratio is presently 8,400.00%.
About City of London
The City of London Investment Trust plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.
Recommended Stories
- Five stocks we like better than City of London
- Investing in the High PE Growth Stocks
- 3 Stocks That Could Rise on European Bank Interest Rate Cuts
- What Are Some of the Best Large-Cap Stocks to Buy?
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- ETF Screener: Uses and Step-by-Step Guide
- MarketBeat Week in Review – 9/16 – 9/20
Receive News & Ratings for City of London Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for City of London and related companies with MarketBeat.com's FREE daily email newsletter.
