CQS Natural Resources Growth and Income (LON:CYN) Stock Price Crosses Above 50-Day Moving Average of $175.00

CQS Natural Resources Growth and Income plc (LON:CYN)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 175 ($2.20) and traded as high as GBX 191.69 ($2.41). CQS Natural Resources Growth and Income shares last traded at GBX 190 ($2.39), with a volume of 227,582 shares traded.

CQS Natural Resources Growth and Income Price Performance

The company has a debt-to-equity ratio of 11.72, a current ratio of 0.24 and a quick ratio of 11.93. The stock has a market cap of £125.75 million, a PE ratio of 2,375.00 and a beta of 1.03. The firm’s 50 day moving average price is GBX 175 and its two-hundred day moving average price is GBX 168.49.

CQS Natural Resources Growth and Income Dividend Announcement

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

Insiders Place Their Bets

In other CQS Natural Resources Growth and Income news, insider Alun Evans purchased 2,900 shares of the firm’s stock in a transaction on Tuesday, April 2nd. The shares were purchased at an average cost of GBX 170 ($2.14) per share, with a total value of £4,930 ($6,193.47). Corporate insiders own 5.72% of the company’s stock.

CQS Natural Resources Growth and Income Company Profile

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.