City of London Group Plc (LON:CIN) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $134.70 and traded as high as $135.00. City of London Group shares last traded at $135.00, with a volume of 184 shares traded.
Separately, FinnCap assumed coverage on shares of City of London Group in a research note on Monday, November 25th. They issued a “corporate” rating and a GBX 300 ($3.92) price target on the stock.
The company has a 50 day simple moving average of GBX 134.70 and a 200 day simple moving average of GBX 142.19. The company has a market capitalization of $53.95 million and a PE ratio of -11.07. The company has a debt-to-equity ratio of 216.69, a quick ratio of 1.85 and a current ratio of 2.88.
City of London Group plc primarily focuses on the provision of finance to the SME sector in the United Kingdom. It offers asset backed finance products, commercial loans, debt finance products, and leasing services to SMEs; loans to professional practice firms; and management services to third-party funds.
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