City of London (LON:CTY) Hits New 1-Year High – Here’s Why

Posted by Defense World Staff on May 4th, 2025

Shares of City of London (LON:CTY – Get Free Report) reached a new 52-week high on Friday . The company traded as high as GBX 471.50 ($6.26) and last traded at GBX 469.90 ($6.24), with a volume of 123280 shares changing hands. The stock had previously closed at GBX 467.50 ($6.21).

City of London Stock Performance

The company has a 50-day moving average of GBX 448.90 and a 200-day moving average of GBX 437.48. The company has a quick ratio of 0.50, a current ratio of 7.10 and a debt-to-equity ratio of 7.40. The company has a market cap of £2.33 billion, a PE ratio of 7.94 and a beta of 0.66.

City of London Cuts Dividend

The business also recently declared a dividend, which will be paid on Sunday, June 1st. Investors of record on Sunday, May 25th will be issued a dividend of GBX 5.40 ($0.07) per share. The ex-dividend date of this dividend is Sunday, May 25th. This represents a yield of 1.21%. City of London’s payout ratio is presently 35.35%.

Insider Transactions at City of London

In other City of London news, insider Sally Lake bought 9,200 shares of the company’s stock in a transaction on Tuesday, April 8th. The shares were bought at an average cost of GBX 431 ($5.72) per share, for a total transaction of £39,652 ($52,630.74). Company insiders own 1.49% of the company’s stock.