City of London Investment Group (LON:CLIG) Share Price Crosses Below 200-Day Moving Average of $328.71

City of London Investment Group Plc (LON:CLIG)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 328.71 ($4.09) and traded as low as GBX 310 ($3.86). City of London Investment Group shares last traded at GBX 325 ($4.05), with a volume of 13,719 shares traded.

City of London Investment Group Stock Performance

The company has a market cap of £159.64 million, a P/E ratio of 1,075.86 and a beta of 0.48. The company has a 50 day moving average price of GBX 327.84 and a 200-day moving average price of GBX 328.23. The company has a quick ratio of 2.68, a current ratio of 3.89 and a debt-to-equity ratio of 3.76.

City of London Investment Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, February 29th were paid a GBX 11 ($0.14) dividend. The ex-dividend date was Thursday, February 29th. This represents a dividend yield of 3.3%. City of London Investment Group’s payout ratio is 11,379.31%.

City of London Investment Group Company Profile

City of London Investment Group PLC is a publically owned investment manager. The firm provides client focused equity portfolios. It invests in public equity markets across the globe. The firm invests in small cap companies in emerging markets to create its portfolios. It uses combination of macroeconomic, qualitative, and top down company analysis to make its investments.