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.
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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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