CQS New City High Yield (LON:NCYF) Insider Ian Cadby Buys 26,000 Shares

CQS New City High Yield (LON:NCYF) insider Ian Cadby acquired 26,000 shares of CQS New City High Yield stock in a transaction dated Friday, July 17th. The shares were bought at an average cost of GBX 52 per share, with a total value of £13,520.

CQS New City High Yield Price Performance

CQS New City High Yield stock opened at GBX 52.20 on Friday. The company has a market capitalization of £360.42 million, a PE ratio of 15.00 and a beta of 0.08. CQS New City High Yield has a 12-month low of GBX 47.50 and a 12-month high of GBX 53.40. The firm’s fifty day moving average is GBX 51.19 and its 200 day moving average is GBX 50.94. The company has a quick ratio of 2.43, a current ratio of 8.09 and a debt-to-equity ratio of 12.54.

CQS New City High Yield Company Profile

CQS New City High Yield Fund Limited aims to provide investors with a high dividend yield and the potential for capital growth by investing in high-yielding, fixed interest securities. These include, but are not limited to, preference shares, loan stocks, corporate bonds (convertible and/or redeemable) and government stocks. The Company also invests in equities and other income-yielding securities.

Since the Fund’s launch in 2007, the Board has increased the level of dividends paid every year.