City of London Investment Group (LON:CLIG) Insider Acquires £116,850 in Stock

City of London Investment Group Plc (LON:CLIG) insider Cooper Abbott acquired 28,500 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was bought at an average price of GBX 410 per share, with a total value of £116,850.

City of London Investment Group Stock Down 1.2%

LON:CLIG opened at GBX 398 on Monday. The company has a market cap of £196.50 million, a price-to-earnings ratio of 9.45 and a beta of 0.29. 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’s fifty day moving average price is GBX 391.34 and its two-hundred day moving average price is GBX 382.98. City of London Investment Group Plc has a 52-week low of GBX 310 and a 52-week high of GBX 427.

About City of London Investment Group

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.