City of London (LON:CTY) Reaches New 12-Month High – What’s Next?

City of London (LON:CTYGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 542 and last traded at GBX 540.50, with a volume of 4317663 shares trading hands. The stock had previously closed at GBX 541.

City of London Price Performance

The company has a current ratio of 7.10, a quick ratio of 0.50 and a debt-to-equity ratio of 7.40. The company has a market capitalization of £2.73 billion, a P/E ratio of 7.82 and a beta of 0.66. The company has a 50 day moving average price of GBX 521.37 and a 200 day moving average price of GBX 507.74.

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