CQS New City High Yield Fund Ltd (LON:NCYF) insider Duncan Baxter acquired 85,715 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The shares were acquired at an average cost of GBX 36 ($0.47) per share, with a total value of £30,857.40 ($40,591.16).
LON NCYF opened at GBX 39.10 ($0.51) on Thursday. CQS New City High Yield Fund Ltd has a twelve month low of GBX 0.54 ($0.01) and a twelve month high of GBX 61.80 ($0.81). The company has a debt-to-equity ratio of 12.01, a quick ratio of 0.34 and a current ratio of 0.34. The stock has a market capitalization of $166.80 million and a PE ratio of 20.58. The stock has a 50-day simple moving average of GBX 53.13 and a 200 day simple moving average of GBX 57.38.
The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Thursday, January 23rd were given a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend was Thursday, January 23rd. This represents a dividend yield of 1.62%. CQS New City High Yield Fund’s dividend payout ratio is presently 2.11%.
CQS New City High Yield Fund Limited is a close ended fixed income mutual fund launched by CQS Asset Management Ltd. The fund is managed by CQS (UK) LLP. It invests in fixed income markets. The fund primarily invests in fixed income securities such as corporate and government bonds, loan stocks, and high yielding bonds.
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