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City of London Investment Group, dotdigital Group, and Drum Income Plus REIT Shares Fall Below Moving Averages

2024-03-30 08:44:39.030000

The City of London Investment Group (LON:CLIG), dotdigital Group (LON:DOTD), and Drum Income Plus REIT (LON:DRIP) have all experienced a decline in their share prices, falling below their respective moving averages.

City of London Investment Group's stock traded as low as GBX 310.20 ($3.92) and last traded at GBX 315 ($3.98). The company has a market cap of £159.64 million and a P/E ratio of 1,086.21. The stock's 50-day moving average is GBX 337.02 and its 200-day moving average is GBX 336.21. The City of London Investment Group recently declared a dividend, with a yield of 3.3%. The company is a publicly owned investment manager that provides client-focused equity portfolios and invests in public equity markets globally, with a focus on small-cap companies in emerging markets. The company uses a combination of macroeconomic, qualitative, and top-down company analysis to make its investments.

On the other hand, dotdigital Group's shares crossed below their 200-day moving average of $89.87 during trading. The stock traded as low as $84.90 and last traded at $86, with a volume of 590,765 shares. Canaccord Genuity Group raised their target price on dotdigital Group from $1.77 to $1.90 and gave the stock a 'buy' rating in a report on Tuesday, March 5th. The firm has a 50-day moving average of $93.79 and a 200-day moving average of $89.87. dotdigital Group has a market capitalization of £263.68 million and a price-to-earnings ratio of 2,150.00. The company recently declared a dividend of $0.01 per share, representing a yield of 1.14%. dotdigital Group provides software as a service (SaaS) and managed services to digital marketing professionals worldwide.

Drum Income Plus REIT (LON:DRIP) shares crossed below its fifty-day moving average during trading. The stock traded as low as GBX 50 ($0.63) and last traded at GBX 50 ($0.63), with a volume of 8,293,746 shares trading hands. The company has a current ratio of 1.62, a quick ratio of 1.62, and a debt-to-equity ratio of 86.00. Drum Income Plus REIT has a market capitalization of £19.10 million and a P/E ratio of -5.26. The company's 50-day moving average is GBX 50 and its 200-day moving average is GBX 50. Drum Income Plus REIT plc is a real estate investment trust that invests in office, retail, and industrial properties throughout the United Kingdom.

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