CQS New City High Yield (LON:NCYF) Insider Caroline Hitch Purchases 40,000 Shares of Stock

CQS New City High Yield (LON:NCYF) insider Caroline Hitch purchased 40,000 shares of the company’s stock in a transaction on Thursday, July 23rd. The shares were bought at an average price of GBX 52 per share, for a total transaction of £20,800.

CQS New City High Yield Price Performance

NCYF opened at GBX 52.40 on Tuesday. The company has a debt-to-equity ratio of 12.54, a quick ratio of 2.43 and a current ratio of 8.09. The company has a market capitalization of £361.80 million, a PE ratio of 15.06 and a beta of 0.08. The stock’s fifty day moving average is GBX 51.44 and its 200-day moving average is GBX 50.97. CQS New City High Yield has a one year low of GBX 47.50 and a one year high of GBX 53.40.

About CQS New City High Yield

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.