City of London (LON:CTY) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Shares of City of London (LON:CTY) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 431.55 ($5.35) and traded as low as GBX 431 ($5.34). City of London shares last traded at GBX 437.30 ($5.42), with a volume of 621,511 shares changing hands.

City of London Stock Up 0.2 %

The company has a current ratio of 3.34, a quick ratio of 0.50 and a debt-to-equity ratio of 5.73. The company has a market capitalization of £2.17 billion, a price-to-earnings ratio of 1,754.00 and a beta of 0.66. The firm’s 50-day moving average price is GBX 431.78 and its 200 day moving average price is GBX 432.77.

City of London Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, January 23rd will be issued a GBX 5.25 ($0.07) dividend. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, January 23rd. City of London’s dividend payout ratio is presently 8,400.00%.

City of London Company Profile