CQS Natural Resources Growth and Income (LON:CYN) Share Price Passes Above 50 Day Moving Average of $166.80

Posted by Defense World Staff on Apr 20th, 2024

CQS Natural Resources Growth and Income plc (LON:CYN – Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 166.80 ($2.08) and traded as high as GBX 191.50 ($2.38). CQS Natural Resources Growth and Income shares last traded at GBX 182.75 ($2.27), with a volume of 45,674 shares.

CQS Natural Resources Growth and Income Stock Performance

The company has a current ratio of 0.24, a quick ratio of 11.93 and a debt-to-equity ratio of 11.72. The firm has a fifty day moving average price of GBX 166.80 and a 200 day moving average price of GBX 167.03. The firm has a market cap of £122.24 million, a PE ratio of 2,284.38 and a beta of 1.03.

CQS Natural Resources Growth and Income Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Investors of record on Thursday, April 25th will be given a dividend of GBX 1.26 ($0.02) per share. This represents a dividend yield of 0.68%. The ex-dividend date is Thursday, April 25th. CQS Natural Resources Growth and Income’s payout ratio is 7,500.00%.

Insider Buying and Selling

In other CQS Natural Resources Growth and Income news, insider Alun Evans acquired 2,900 shares of the business’s stock in a transaction that occurred on Tuesday, April 2nd. The stock was purchased at an average cost of GBX 170 ($2.12) per share, with a total value of £4,930 ($6,137.18). Corporate insiders own 5.72% of the company’s stock.

About CQS Natural Resources Growth and Income

(Get Free Report)

City Natural Resources High Yield Trust plc is a close ended balanced mutual fund launched and managed by CQS Asset Management Ltd. The fund invests in the public equity and fixed income markets across the globe. It invests in stocks of companies operating in the mining and resources sectors. For its fixed income portion, it primarily invests in mining, resource and industrial fixed interest securities such as preference shares, loan stocks and corporate bonds.