City of London Group (LON:CIN) Share Price Passes Below 200-Day Moving Average of $98.57

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City of London Group Plc (LON:CIN) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $98.57 and traded as low as $94.00. City of London Group shares last traded at $94.00, with a volume of 296 shares trading hands.

Separately, FinnCap reissued a “corporate” rating on shares of City of London Group in a research report on Thursday, July 23rd.

The company has a quick ratio of 0.99, a current ratio of 2.02 and a debt-to-equity ratio of 281.45. The firm has a market capitalization of $40.85 million and a PE ratio of -3.55. The firm’s fifty day simple moving average is GBX 75.40 and its 200-day simple moving average is GBX 98.40.

City of London Group Company Profile (LON:CIN)

City of London Group plc primarily focuses on the provision of finance to the SME sector in the United Kingdom. It offers asset backed finance products, commercial loans, debt finance products, and leasing services to SMEs; loans to professional practice firms; and management services to third-party funds.

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