City of London (LON:CTY) Shares Pass Below 50 Day Moving Average – Here’s What Happened

City of London (LON:CTYGet Free Report) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 586 and traded as low as GBX 572. City of London shares last traded at GBX 572, with a volume of 955,073 shares trading hands.

City of London Price Performance

The company has a fifty day simple moving average of GBX 585.76 and a two-hundred day simple moving average of GBX 567.68. The stock has a market capitalization of £2.95 billion, a P/E ratio of 5.02 and a beta of 0.87. The company has a current ratio of 0.07, a quick ratio of 0.50 and a debt-to-equity ratio of 4.43.

About City of London

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