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

Posted by Bonnie Powley on Apr 20th, 2024

Shares of CQS Natural Resources Growth and Income plc (LON:CYN – Get Free Report) passed 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 Price Performance

The business’s 50 day moving average price is GBX 166.80 and its 200 day moving average price is GBX 167.03. The stock has a market capitalization of £122.24 million, a P/E ratio of 2,284.38 and a beta of 1.03. The company has a debt-to-equity ratio of 11.72, a current ratio of 0.24 and a quick ratio of 11.93.

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 paid a GBX 1.26 ($0.02) dividend. This represents a yield of 0.68%. The ex-dividend date is Thursday, April 25th. CQS Natural Resources Growth and Income’s dividend payout ratio (DPR) is presently 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 stock in a transaction that occurred on Tuesday, April 2nd. The stock was bought at an average cost of GBX 170 ($2.12) per share, with a total value of £4,930 ($6,137.18). 5.72% of the stock is owned by insiders.

CQS Natural Resources Growth and Income Company Profile

(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.