City of London Group (LON:CIN) Share Price Crosses Below 200-Day Moving Average of $49.60

City of London Group plc (LON:CINGet Rating)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 49.60 ($0.60) and traded as low as GBX 48.84 ($0.59). City of London Group shares last traded at GBX 49 ($0.59), with a volume of 667 shares traded.

City of London Group Trading Down 4.9 %

The stock has a market cap of £58.52 million and a PE ratio of -2.45. The business has a 50-day moving average of GBX 51.13 and a 200 day moving average of GBX 49.60. The company has a debt-to-equity ratio of 8.10, a quick ratio of 0.57 and a current ratio of 0.57.

City of London Group Company Profile

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City of London Group plc primarily focuses on the provision of finance to the SME sector in the United Kingdom. It offers asset backed finance products, commercial loans, debt finance products, and leasing services to SMEs; loans to professional practice firms; working capital loans; property bridging finances; market broking advise services for general insurance, commercial finance broking, regulated mortgages, protection, pensions, and investments; and banking license application services.

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