Shares of City of London (LON:CTY - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 430.47 ($5.47) and traded as low as GBX 427.50 ($5.43). City of London shares last traded at GBX 427.50 ($5.43), with a volume of 664,485 shares.
The company has a market cap of £2.12 billion, a P/E ratio of 1,710.00 and a beta of 0.66. The company has a debt-to-equity ratio of 5.73, a quick ratio of 0.50 and a current ratio of 3.34. The business's fifty day moving average is GBX 429.56 and its two-hundred day moving average is GBX 430.47.
The business also recently declared a dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, January 23rd will be paid a dividend of GBX 5.25 ($0.07) per share. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, January 23rd. City of London's dividend payout ratio is presently 8,400.00%.
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.
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