City of London Investment Group (LON:CLIG – Get Free Report) issued its quarterly earnings results on Tuesday. The closed-end fund reported GBX 19 ($0.24) EPS for the quarter, Digital Look Earnings reports. City of London Investment Group had a return on equity of 12.88% and a net margin of 27.80%.
City of London Investment Group Stock Up 3.9 %
City of London Investment Group stock traded up GBX 14 ($0.18) during mid-day trading on Thursday, reaching GBX 374 ($4.74). The company’s stock had a trading volume of 22,962 shares, compared to its average volume of 40,067. The company has a market capitalization of £180.78 million, a price-to-earnings ratio of 12.03 and a beta of 0.47. The business’s 50 day simple moving average is GBX 369.15 and its 200 day simple moving average is GBX 374.15. The company has a debt-to-equity ratio of 4.72, a quick ratio of 2.68 and a current ratio of 3.86. City of London Investment Group has a 12 month low of GBX 302 ($3.83) and a 12 month high of GBX 400 ($5.07).
City of London Investment Group Company Profile
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.
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