City of London Group (LON:CIN) Stock Price Passes Below 200 Day Moving Average of $114.99

City of London Group Plc (LON:CIN) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $114.99 and traded as low as $85.00. City of London Group shares last traded at $85.00, with a volume of 2,701 shares.

Separately, FinnCap restated a “corporate” rating on shares of City of London Group in a report on Thursday, July 23rd.

The company has a fifty day simple moving average of GBX 102.47 and a 200-day simple moving average of GBX 114.99. The company has a current ratio of 3.24, a quick ratio of 1.88 and a debt-to-equity ratio of 220.21. The stock has a market cap of $33.97 million and a price-to-earnings ratio of -6.16.

About City of London Group (LON:CIN)

City of London Group plc primarily focuses on the provision of finance to the SME sector in the United Kingdom. It offers asset backed finance products, commercial loans, debt finance products, and leasing services to SMEs; loans to professional practice firms; and management services to third-party funds.

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