City of London Investment Group (LON:CLIG) Issues Earnings Results

City of London Investment Group (LON:CLIG) posted its quarterly earnings data on Tuesday. The closed-end fund reported GBX 19 ($0.24) EPS for the quarter, Digital Look Earnings reports. City of London Investment Group had a net margin of 27.80% and a return on equity of 12.88%.

City of London Investment Group Stock Performance

Shares of CLIG opened at GBX 358.71 ($4.53) on Tuesday. The stock has a 50 day moving average of GBX 370.67 and a 200 day moving average of GBX 374.34. The company has a market capitalization of £173.39 million, a price-to-earnings ratio of 11.54 and a beta of 0.47. City of London Investment Group has a 12 month low of GBX 302 ($3.81) and a 12 month high of GBX 400 ($5.05). The company has a current ratio of 3.86, a quick ratio of 2.68 and a debt-to-equity ratio of 4.72.

About City of London Investment Group

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.