City of London (LON:CTY) Reaches New 1-Year High – Should You Buy?

City of London (LON:CTYGet Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 579 and last traded at GBX 576, with a volume of 669213 shares changing hands. The stock had previously closed at GBX 577.

City of London Price Performance

The company’s 50 day simple moving average is GBX 547.89 and its 200 day simple moving average is GBX 522.17. The company has a current ratio of 7.10, a quick ratio of 0.50 and a debt-to-equity ratio of 7.40. The stock has a market capitalization of £2.94 billion, a PE ratio of 8.38 and a beta of 0.66.

About City of London

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