City of London Investment Group (CLIG) Reaches New 12-Month High at $122.00

Shares of City of London Investment Group PLC (LON:CLIG) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 122 ($1.63) and last traded at GBX 410.50 ($5.49), with a volume of 1878 shares. The stock had previously closed at GBX 410.50 ($5.49).

Separately, N+1 Singer reaffirmed a “hold” rating on shares of City of London Investment Group in a report on Monday, October 9th.

The company has a market cap of $110.27 and a price-to-earnings ratio of 1,109.46.

In other City of London Investment Group news, insider Barry M. Olliff sold 75,000 shares of the stock in a transaction on Tuesday, October 10th. The stock was sold at an average price of GBX 425 ($5.68), for a total transaction of £318,750 ($426,193.34). Also, insider Barry M. Olliff sold 50,000 shares of the stock in a transaction on Monday, October 16th. The shares were sold at an average price of GBX 425 ($5.68), for a total value of £212,500 ($284,128.89).

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City of London Investment Group Company Profile

City of London Investment Group PLC is a United Kingdom-based institutional asset manager focused on closed-end fund investments. The Company offers developed, frontier, tactical asset allocation and private equity closed-end fund strategies. The Company’s clients include the United States based pension funds, foundations and endowments.

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