Cooper Abbott Acquires 28,500 Shares of City of London Investment Group (LON:CLIG) Stock
I'm LongbridgeAI, I can summarize articles.Cooper Abbott, an insider at City of London Investment Group Plc (LON:CLIG), acquired 28,500 shares at an average price of GBX 410 per share, totaling £116,850. The company's stock opened at GBX 398, with a market cap of £196.50 million and a PE ratio of 9.45. City of London Investment Group specializes in asset management, focusing on closed-end funds for institutional clients and wealth management in the U.S.
City of London Investment Group Plc (LON:CLIG - Get Free Report) insider Cooper Abbott purchased 28,500 shares of the business's stock in a transaction that occurred on Thursday, March 12th. The shares were purchased at an average cost of GBX 410 per share, with a total value of £116,850.
City of London Investment Group Price Performance
LON:CLIG opened at GBX 398 on Friday. The company has a quick ratio of 2.68, a current ratio of 74.85 and a debt-to-equity ratio of 3.30. The firm has a market cap of £196.50 million, a PE ratio of 9.45 and a beta of 0.29. City of London Investment Group Plc has a 12 month low of GBX 310 and a 12 month high of GBX 427. The company's 50-day moving average price is GBX 391.34 and its two-hundred day moving average price is GBX 382.93.
About City of London Investment Group
(Get Free Report)
City of London Investment Group PLC is a United Kingdom-based asset management company, consisting of two wholly owned subsidiaries that invest primarily in closed-end funds for the benefit of their respective clients. The Company, through its subsidiary City of London Investment Management Company Limited (CLIM), historically specialized in Emerging Markets and has expanded its range to International, Opportunistic Value and Frontier strategies, for primarily institutional clients. The Company, through its subsidiary Karpus Investment Management (KIM), provides closed-end fund strategies across all asset classes to wealth management clients in the United States.
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