The City of London Investment Trust (LON:CTY) Stock Price Crosses Below Fifty Day Moving Average of $394.42

The City of London Investment Trust plc (LON:CTY) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 394.42 ($4.97) and traded as low as GBX 392 ($4.94). The City of London Investment Trust shares last traded at GBX 393 ($4.95), with a volume of 754,821 shares.

The City of London Investment Trust Stock Up 0.1 %

The company has a current ratio of 0.30, a quick ratio of 0.50 and a debt-to-equity ratio of 6.14. The firm has a market cap of £1.96 billion, a price-to-earnings ratio of 3,930.00 and a beta of 0.67. The firm has a 50-day moving average of GBX 394.45 and a two-hundred day moving average of GBX 407.76.

The City of London Investment Trust Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, August 31st. Investors of record on Thursday, July 27th were given a dividend of GBX 5.05 ($0.06) per share. The ex-dividend date was Thursday, July 27th. This represents a dividend yield of 1.27%. The City of London Investment Trust’s dividend payout ratio is presently 20,000.00%.

About The City of London Investment Trust

The City of London Investment Trust plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.