City of London Investment Group (LON:CLIG) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

City of London Investment Group Plc (LON:CLIG) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 384.74 ($4.84) and traded as high as GBX 394.31 ($4.96). City of London Investment Group shares last traded at GBX 385 ($4.84), with a volume of 3,594 shares traded.

City of London Investment Group Price Performance

The company has a debt-to-equity ratio of 3.73, a current ratio of 3.86 and a quick ratio of 2.68. The firm has a market capitalization of £188.07 million, a price-to-earnings ratio of 1,480.77 and a beta of 0.47. The stock has a 50 day moving average price of GBX 384.74 and a two-hundred day moving average price of GBX 375.65.

About City of London Investment Group

City of London Investment Group PLC is a publically owned investment manager. The firm provides client focused equity portfolios. It invests in public equity markets across the globe. The firm invests in small cap companies in emerging markets to create its portfolios. It uses combination of macroeconomic, qualitative, and top down company analysis to make its investments.