City of London (LON:CTY) Share Price Passes Above 50-Day Moving Average – Time to Sell?

City of London (LON:CTYGet Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 553.69 and traded as high as GBX 554. City of London shares last traded at GBX 549, with a volume of 1,611,124 shares changing hands.

City of London Stock Up 0.2%

The company has a market cap of £2.80 billion, a price-to-earnings ratio of 4.83 and a beta of 0.48. The stock’s 50-day simple moving average is GBX 553.82 and its 200 day simple moving average is GBX 530.69.

City of London (LON:CTYGet Free Report) last announced its quarterly earnings results on Friday, February 27th. The company reported GBX 8.85 earnings per share for the quarter. City of London had a net margin of 97.40% and a return on equity of 22.92%. On average, sell-side analysts expect that City of London will post 5533.7129324 EPS for the current fiscal year.

About City of London

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