City of London (LON:CTY) Sets New 52-Week High – Still a Buy?

City of London (LON:CTYGet Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 542 and last traded at GBX 540.50, with a volume of 4317663 shares. The stock had previously closed at GBX 541.

City of London Stock Up 0.2%

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 50-day moving average price is GBX 522.71 and its 200 day moving average price is GBX 508.47. The firm has a market capitalization of £2.73 billion, a price-to-earnings ratio of 7.81 and a beta of 0.66.

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