Insider Buying: City of London Investment Group (LON:CLIG) Insider Acquires £22,750 in Stock

Key Points

  • Insider Rian Dartnell purchased 5,000 City of London Investment Group shares at GBX 455 each, representing a total investment of £22,750.
  • CLIG shares opened at GBX 452 and were reported up 2.5%, with the stock trading between a 12-month low of GBX 349 and high of GBX 544.
  • The company has a market capitalization of approximately £222.6 million, a P/E ratio of 9.22, and operates global and international asset-management businesses through its CLIM and Karpus subsidiaries.

City of London Investment Group Plc (LON:CLIG - Get Free Report) insider Rian Dartnell bought 5,000 shares of City of London Investment Group stock in a transaction dated Wednesday, October 21st. The shares were bought at an average cost of GBX 455 per share, with a total value of £22,750.

City of London Investment Group Trading Up 2.5%

Shares of CLIG stock opened at GBX 452 on Thursday. The company has a 50 day moving average of GBX 495.83 and a 200-day moving average of GBX 462.11. The company has a quick ratio of 2.68, a current ratio of 83.10 and a debt-to-equity ratio of 3.83. City of London Investment Group Plc has a 12-month low of GBX 349 and a 12-month high of GBX 544. The firm has a market cap of £222.57 million, a P/E ratio of 9.22 and a beta of 0.33.

City of London Investment Group Company Profile

(Get Free Report)

City of London Investment Group PLC (CLIG) is a globally orientated active asset management firm listed on the London Stock Exchange, consisting of two wholly owned subsidiaries, City of London Investment Management Company Limited and Karpus Investment Management. City of London Investment Management Company Limited has deep expertise in Global and International investing including Emerging Markets and Listed Private Equity. CLIM manages money primarily for institutional clients. Karpus Investment Management provides investment strategies across fixed income and balanced asset classes, primarily to wealth management clients in the United States.

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