CQS Natural Resources Growth and Income (LON:CYN) Sets New 1-Year High – What’s Next?

CQS Natural Resources Growth and Income plc (LON:CYN) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 207 ($2.61) and last traded at GBX 205 ($2.58), with a volume of 560143 shares trading hands. The stock had previously closed at GBX 199.74 ($2.52).

CQS Natural Resources Growth and Income Stock Performance

The business’s fifty day moving average price is GBX 187.22 and its 200-day moving average price is GBX 185.97. The stock has a market cap of £133.00 million, a PE ratio of -1,025.00 and a beta of 1.00. The company has a debt-to-equity ratio of 10.24, a quick ratio of 11.93 and a current ratio of 0.32.

CQS Natural Resources Growth and Income Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, October 24th were given a GBX 1.26 ($0.02) dividend. This represents a yield of 0.68%. The ex-dividend date was Thursday, October 24th. CQS Natural Resources Growth and Income’s dividend payout ratio (DPR) is presently -3,000.00%.

Insider Activity

In other CQS Natural Resources Growth and Income news, insider Louise Hall bought 2,500 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The stock was bought at an average cost of GBX 196 ($2.47) per share, for a total transaction of £4,900 ($6,170.51). Insiders own 12.62% 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.