City of London (LON:CTY) Reaches New 12-Month High – Should You Buy?

City of London (LON:CTY – Get Free Report)’s share price hit a new 52-week high during trading on Thursday. The stock traded as high as GBX 604 and last traded at GBX 603, with a volume of 385,227 shares trading hands. The stock had previously closed at GBX 595.

City of London Price Performance

The firm has a fifty day moving average of GBX 581.60 and a two-hundred day moving average of GBX 568.76. The stock has a market capitalization of £3.10 billion, a P/E ratio of 5.90 and a beta of 0.87. The company has a debt-to-equity ratio of 5.12, a current ratio of 34.17 and a quick ratio of 0.50.

City of London (LON:CTY – Get Free Report) last issued its earnings results on Wednesday, September 16th. The company reported GBX 22.50 earnings per share (EPS) for the quarter. City of London had a net margin of 96.97% and a return on equity of 18.79%. On average, analysts predict that City of London will post 5533.71 EPS for the current year.

About City of London

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