City of London (LON:CTY) Reaches New 12-Month High – Here’s Why

City of London (LON:CTY – Get Free Report)’s share price reached a new 52-week high during trading on Thursday. The stock traded as high as GBX 604 and last traded at GBX 603, with a volume of 385,227 shares. The stock had previously closed at GBX 595.

City of London Stock Down 1.3%

The company has a market capitalization of £3.04 billion, a PE ratio of 5.77 and a beta of 0.87. The firm’s 50-day simple moving average is GBX 581.63 and its 200 day simple moving average is GBX 569.21. The company has a debt-to-equity ratio of 5.12, a quick ratio of 0.50 and a current ratio of 34.17.

City of London (LON:CTY – Get Free Report) last posted its quarterly earnings data on Wednesday, September 16th. The company reported GBX 22.50 earnings per share (EPS) for the quarter. City of London had a return on equity of 18.79% and a net margin of 96.97%. As a group, equities research analysts forecast that City of London will post 5533.71 earnings per share for the current year.

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