City of London (LON:CTY) Reaches New 52-Week High – Still a Buy?

City of London (LON:CTYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 498 and last traded at GBX 576, with a volume of 534389 shares. The stock had previously closed at GBX 577.

City of London Stock Performance

The company has a current ratio of 0.07, a quick ratio of 0.50 and a debt-to-equity ratio of 4.43. The stock has a market cap of £3.02 billion, a P/E ratio of 5.13 and a beta of 0.87. The stock has a 50 day simple moving average of GBX 585.76 and a 200 day simple moving average of GBX 567.60.

City of London (LON:CTYGet Free Report) last posted its quarterly earnings data on Wednesday, September 16th. The company reported GBX 22.50 earnings per share for the quarter. City of London had a net margin of 97.40% and a return on equity of 22.92%. On average, equities analysts expect that City of London will post 5533.7129324 earnings per share for the current year.

About City of London

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