City of London Group (LON:CIN) Posts Earnings Results

City of London Group (LON:CIN) announced its quarterly earnings results on Tuesday. The company reported GBX (8.42) (($0.11)) EPS for the quarter, Bloomberg Earnings reports.

LON:CIN remained flat at $GBX 140 ($1.84) during trading hours on Thursday. 2,575 shares of the company’s stock were exchanged, compared to its average volume of 4,222. The company has a debt-to-equity ratio of 216.69, a quick ratio of 1.85 and a current ratio of 2.88. City of London Group has a fifty-two week low of GBX 125 ($1.64) and a fifty-two week high of GBX 150 ($1.97). The stock has a market cap of $55.95 million and a price-to-earnings ratio of -11.48. The company’s 50 day simple moving average is GBX 135.75 and its 200 day simple moving average is GBX 141.74.

Separately, FinnCap reissued a “corporate” rating on shares of City of London Group in a report on Tuesday.

About City of London Group

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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