City of London Investment Group (LON:CLIG) Insider Ben Stocks Buys 3,029 Shares

City of London Investment Group Plc (LON:CLIG) insider Ben Stocks acquired 3,029 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were purchased at an average price of GBX 394 per share, with a total value of £11,934.26.

City of London Investment Group Trading Up 2.4%

City of London Investment Group stock traded up GBX 9 during midday trading on Monday, reaching GBX 391. The stock had a trading volume of 87,897 shares, compared to its average volume of 79,005. The stock’s 50-day simple moving average is GBX 389.10 and its 200 day simple moving average is GBX 382.44. City of London Investment Group Plc has a twelve month low of GBX 310 and a twelve month high of GBX 427. The company has a debt-to-equity ratio of 3.30, a quick ratio of 2.68 and a current ratio of 74.85. The stock has a market capitalization of £191.31 million, a PE ratio of 9.29 and a beta of 0.29.

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.

The Company, through its subsidiary Karpus Investment Management (KIM), provides closed-end fund strategies across all asset classes to wealth management clients in the United States.