City of London Investment Group (LON:CLIG) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

City of London Investment Group Plc (LON:CLIG) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 377.55 ($4.62) and traded as high as GBX 378 ($4.62). City of London Investment Group shares last traded at GBX 372 ($4.55), with a volume of 21,996 shares traded.

City of London Investment Group Stock Performance

The company’s 50-day simple moving average is GBX 386.58 and its 200-day simple moving average is GBX 377.55. The stock has a market capitalization of £187.52 million, a price-to-earnings ratio of 1,476.45 and a beta of 0.47. The company has a current ratio of 3.86, a quick ratio of 2.68 and a debt-to-equity ratio of 3.73.

City of London Investment Group Company Profile

City of London Investment Group PLC is a United Kingdom-based asset management company, consisting of two wholly owned subsidiaries that invest primarily in closed-end funds for the benefit of their respective clients.

The Company, through its subsidiary City of London Investment Management Company Limited (CLIM), historically specialized in Emerging Markets and has expanded its range to International, Opportunistic Value and Frontier strategies, for primarily institutional clients.