City of London Investment Group Plc (LON:CLIG – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 417.83 ($5.05) and traded as low as GBX 365 ($4.41). City of London Investment Group shares last traded at GBX 366 ($4.42), with a volume of 12,482 shares trading hands.
City of London Investment Group Trading Down 2.4 %
The company has a current ratio of 3.06, a quick ratio of 2.68 and a debt-to-equity ratio of 1.77. The firm’s 50-day moving average is GBX 390.69 and its 200-day moving average is GBX 417.83. The firm has a market cap of £185.49 million, a price-to-earnings ratio of 1,262.07 and a beta of 0.50.
City of London Investment Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, October 27th. Stockholders of record on Thursday, September 28th will be paid a dividend of GBX 22 ($0.27) per share. This represents a dividend yield of 5.79%. This is a boost from City of London Investment Group’s previous dividend of $11.00. The ex-dividend date of this dividend is Thursday, September 28th. City of London Investment Group’s payout ratio is presently 11,379.31%.
City of London Investment Group Company Profile
City of London Investment Group PLC is a publically owned investment manager. The firm provides client focused equity portfolios. It invests in public equity markets across the globe. The firm invests in small cap companies in emerging markets to create its portfolios. It uses combination of macroeconomic, qualitative, and top down company analysis to make its investments.
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