City of London (LON:CTY) Reaches New 52-Week High – Here’s What Happened

City of London (LON:CTY – Get Free Report) shares hit a new 52-week high on Thursday. The stock traded as high as GBX 604 and last traded at GBX 603, with a volume of 385,227 shares trading hands. The stock had previously closed at GBX 595.

City of London Price Performance

The stock has a 50-day moving average price of GBX 581.60 and a two-hundred day moving average price of GBX 568.76. The company has a current ratio of 34.17, a quick ratio of 0.50 and a debt-to-equity ratio of 5.12. The stock has a market cap of £3.10 billion, a price-to-earnings ratio of 5.90 and a beta of 0.87.

City of London (LON:CTY – Get Free Report) last issued its quarterly earnings results on Wednesday, September 16th. The company reported GBX 22.50 earnings per share for the quarter. City of London had a return on equity of 18.79% and a net margin of 96.97%. As a group, equities research analysts forecast that City of London will post 5533.71 EPS for the current year.

City of London Company Profile

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