City of London (LON:CTY) Sets New 1-Year High – Still a Buy?

Shares of City of London (LON:CTYGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 496.50 ($6.67) and last traded at GBX 492 ($6.61), with a volume of 561573 shares trading hands. The stock had previously closed at GBX 495.50 ($6.65).

City of London Trading Up 0.1%

The company has a market capitalization of £2.45 billion, a PE ratio of 8.33 and a beta of 0.66. The company’s fifty day moving average is GBX 483.53 and its 200-day moving average is GBX 457.59. The company has a debt-to-equity ratio of 7.40, a current ratio of 7.10 and a quick ratio of 0.50.

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