City of London (LON:CTY) Hits New 52-Week High – Time to Buy?

City of London (LON:CTYGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 570 and last traded at GBX 567.96, with a volume of 3221472 shares. The stock had previously closed at GBX 564.

City of London Stock Performance

The firm has a market capitalization of £2.90 billion, a price-to-earnings ratio of 8.25 and a beta of 0.66. The company has a debt-to-equity ratio of 7.40, a current ratio of 7.10 and a quick ratio of 0.50. The firm’s fifty day moving average is GBX 541.44 and its 200 day moving average is GBX 519.08.

About City of London

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