City of London (LON:CTY) Posts Quarterly Earnings Results

City of London (LON:CTYGet Free Report) posted its earnings results on Wednesday. The company reported GBX 22.50 earnings per share (EPS) for the quarter, Digital Look Earnings reports. City of London had a return on equity of 22.92% and a net margin of 97.40%.

City of London Stock Up 1.2%

Shares of CTY stock traded up GBX 7 on Thursday, hitting GBX 586. The stock had a trading volume of 648,543 shares, compared to its average volume of 1,384,731. The company has a debt-to-equity ratio of 4.43, a current ratio of 0.07 and a quick ratio of 0.50. The business has a 50 day moving average of GBX 585.76 and a 200 day moving average of GBX 567.60. City of London has a 12-month low of GBX 495 and a 12-month high of GBX 599. The stock has a market cap of £3.02 billion, a price-to-earnings ratio of 5.14 and a beta of 0.87.

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