City of London (LON:CTY) Sets New 12-Month High – Still a Buy?

City of London (LON:CTYGet Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 523 and last traded at GBX 521, with a volume of 754049 shares changing hands. The stock had previously closed at GBX 517.

City of London Trading Up 0.3%

The firm has a 50-day moving average of GBX 506.21 and a 200 day moving average of GBX 494.22. The stock has a market capitalization of £2.61 billion, a price-to-earnings ratio of 7.54 and a beta of 0.66. The company has a current ratio of 7.10, a quick ratio of 0.50 and a debt-to-equity ratio of 7.40.

City of London (LON:CTYGet Free Report) last announced its earnings results on Wednesday, September 17th. The company reported GBX 21.57 EPS for the quarter. City of London had a return on equity of 14.45% and a net margin of 95.77%. As a group, equities analysts predict that City of London will post 5533.7129324 EPS for the current fiscal year.

City of London Company Profile

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