Insider Buying: City of London Investment Group (LON:CLIG) Insider Buys £18,950 in Stock

City of London Investment Group Plc (LON:CLIG) insider Cooper Abbott purchased 5,000 shares of the firm’s stock in a transaction on Monday, March 23rd. The stock was bought at an average cost of GBX 379 per share, with a total value of £18,950.

Cooper Abbott also recently made the following trade(s):

• On Tuesday, March 24th, Cooper Abbott acquired 6,508 shares of City of London Investment Group stock. The shares were bought at an average price of GBX 384 per share, for a total transaction of £24,990.72.
• On Thursday, March 12th, Cooper Abbott acquired 28,500 shares of City of London Investment Group stock. The shares were bought at an average cost of GBX 410 per share, for a total transaction of £116,850.

City of London Investment Group Stock Performance

Shares of CLIG opened at GBX 383.02 on Friday. The company has a debt-to-equity ratio of 3.30, a current ratio of 74.85 and a quick ratio of 2.68. The stock has a 50-day moving average of GBX 393.23 and a 200-day moving average of GBX 383.52. The company has a market cap of £189.11 million, a PE ratio of 9.10 and a beta of 0.29. City of London Investment Group Plc has a one year low of GBX 310 and a one year high of GBX 427.

City of London Investment Group Company Profile

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.

The Company, through its subsidiary Karpus Investment Management (KIM), provides closed-end fund strategies across all asset classes to wealth management clients in the United States.