City of London (LON:CTY) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Shares of City of London (LON:CTYGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 431.55 ($5.35) and traded as low as GBX 431 ($5.34). City of London shares last traded at GBX 437.30 ($5.42), with a volume of 621,511 shares.

City of London Price Performance

The stock has a market cap of £2.17 billion, a price-to-earnings ratio of 1,754.00 and a beta of 0.66. The company has a 50 day simple moving average of GBX 431.78 and a 200-day simple moving average of GBX 432.77. The company has a current ratio of 3.34, a quick ratio of 0.50 and a debt-to-equity ratio of 5.73.

City of London Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, January 23rd will be paid a GBX 5.25 ($0.07) dividend. This represents a yield of 1.2%. The ex-dividend date is Thursday, January 23rd. City of London’s dividend payout ratio is currently 8,400.00%.

About City of London

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