City of London Investment Group PLC (LON:CLIG) shares reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 104 ($1.40) and last traded at GBX 413.50 ($5.57), with a volume of 2 shares changing hands. The stock had previously closed at GBX 413.50 ($5.57).
Separately, N+1 Singer restated a “hold” rating on shares of City of London Investment Group in a report on Monday, October 9th.
In related news, insider Barry M. Olliff sold 50,000 shares of the stock in a transaction on Monday, October 16th. The stock was sold at an average price of GBX 425 ($5.72), for a total transaction of £212,500 ($286,002.69). Also, insider T A. Ridrugues bought 12,590 shares of City of London Investment Group stock in a transaction on Thursday, October 26th. The stock was acquired at an average price of GBX 407 ($5.48) per share, for a total transaction of £51,241.30 ($68,965.41).
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City of London Investment Group Company Profile
City of London Investment Group PLC is a United Kingdom-based institutional asset manager focused on closed-end fund investments. The Company offers developed, frontier, tactical asset allocation and private equity closed-end fund strategies. The Company’s clients include the United States based pension funds, foundations and endowments.
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