City of London (LON:CTY) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

City of London (LON:CTYGet Free Report)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 437.15 ($5.66) and traded as high as GBX 444.50 ($5.76). City of London shares last traded at GBX 444.50 ($5.76), with a volume of 515,286 shares traded.

City of London Stock Performance

The company has a market capitalization of £2.20 billion, a price-to-earnings ratio of 7.48 and a beta of 0.66. The company has a current ratio of 7.10, a quick ratio of 0.50 and a debt-to-equity ratio of 7.40. The stock has a 50-day simple moving average of GBX 437.15 and a 200-day simple moving average of GBX 433.84.

City of London Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, January 23rd were issued a GBX 5.25 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, January 23rd. This represents a yield of 1.2%. City of London’s dividend payout ratio is currently 35.35%.

About City of London

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Further Reading

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