Ben Stocks Buys 3,029 Shares of City of London Investment Group (LON:CLIG) Stock

Key Points

  • Insider purchase: Ben Stocks acquired 3,029 shares of City of London Investment Group on March 6 at an average price of GBX 394 per share, for a total value of £11,934.26.
  • Market/valuation snapshot: CLIG opened at GBX 393 (trading up ~2.9%), with a 52-week range of GBX 310–427, 50- and 200-day moving averages of GBX 389.36 and GBX 382.48 respectively, a market cap of £194.04 million and a P/E of 9.33.

City of London Investment Group Plc (LON:CLIG - Get Free Report) insider Ben Stocks acquired 3,029 shares of City of London Investment Group stock in a transaction that occurred on Friday, March 6th. The stock was acquired at an average price of GBX 394 per share, with a total value of £11,934.26.

City of London Investment Group Trading Up 2.9%

LON:CLIG opened at GBX 393 on Tuesday. City of London Investment Group Plc has a 1 year low of GBX 310 and a 1 year high of GBX 427. The stock's fifty day moving average price is GBX 389.36 and its two-hundred day moving average price is GBX 382.48. The company has a debt-to-equity ratio of 3.30, a current ratio of 74.85 and a quick ratio of 2.68. The company has a market cap of £194.04 million, a P/E ratio of 9.33 and a beta of 0.29.

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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