City of London (LON:CTY – Get Free Report)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 424.34 ($5.49) and traded as high as GBX 431.50 ($5.58). City of London shares last traded at GBX 430 ($5.56), with a volume of 481,376 shares.
City of London Stock Performance
The company has a market capitalization of £2.22 billion, a P/E ratio of 1,778.00 and a beta of 0.66. The stock’s fifty day moving average price is GBX 424.77 and its 200-day moving average price is GBX 410.22. The company has a debt-to-equity ratio of 5.73, a quick ratio of 0.50 and a current ratio of 3.34.
City of London Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, July 25th will be given a GBX 5.25 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, July 25th. This represents a dividend yield of 1.2%. City of London’s payout ratio is 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.
Featured Stories
- Five stocks we like better than City of London
- How to Most Effectively Use the MarketBeat Earnings Screener
- Why Call Options Volume for These 2 Stocks Spiked Together
- What Makes a Stock a Good Dividend Stock?
- MarketBeat Week in Review – 7/22 – 7/26
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
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.