Insider Buying: City of London Investment Group (LON:CLIG) Insider Purchases 3,029 Shares of Stock

City of London Investment Group Plc (LON:CLIG) insider Ben Stocks bought 3,029 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was acquired at an average price of GBX 394 per share, with a total value of £11,934.26.

City of London Investment Group Trading Up 2.4%

LON CLIG traded up GBX 9 during trading hours on Monday, hitting GBX 391. 87,897 shares of the company’s stock were exchanged, compared to its average volume of 79,005. The business’s 50 day moving average is GBX 389.10 and its 200-day moving average is GBX 382.44. The company has a debt-to-equity ratio of 3.30, a quick ratio of 2.68 and a current ratio of 74.85. City of London Investment Group Plc has a 12-month low of GBX 310 and a 12-month high of GBX 427. The firm has a market capitalization of £191.31 million, a P/E ratio of 9.29 and a beta of 0.29.

About City of London Investment Group

City of London Investment Group PLC is a United Kingdom-based asset management company, consisting of two wholly owned subsidiaries that invest primarily in closed-end funds for the benefit of their respective clients.

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.

The Company, through its subsidiary Karpus Investment Management (KIM), provides closed-end fund strategies across all asset classes to wealth management clients in the United States.