City of London (LON:CTY) Hits New 1-Year High – Should You Buy?

City of London (LON:CTYGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 532 and last traded at GBX 528, with a volume of 900861 shares changing hands. The stock had previously closed at GBX 530.

City of London Trading Up 0.4%

The company’s 50-day moving average is GBX 515.53 and its 200-day moving average is GBX 503.39. The company has a debt-to-equity ratio of 7.40, a quick ratio of 0.50 and a current ratio of 7.10. The firm has a market cap of £2.66 billion, a price-to-earnings ratio of 7.65 and a beta of 0.66.

City of London Company Profile

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