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) 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 Trading Down 1.1 %

The stock has a market cap of £125.75 million, a price-to-earnings ratio of 2,375.00 and a beta of 1.03. The business’s 50 day simple moving average is GBX 175 and its 200 day simple moving average is GBX 168.49. The company has a quick ratio of 11.93, a current ratio of 0.24 and a debt-to-equity ratio of 11.72.

CQS Natural Resources Growth and Income Dividend Announcement

The firm 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. This represents a yield of 0.68%. The ex-dividend date of this dividend is Thursday, April 25th. CQS Natural Resources Growth and Income’s dividend payout ratio (DPR) is presently 7,500.00%.

Insider Activity

In related news, insider Alun Evans acquired 2,900 shares of the company’s stock in a transaction dated Tuesday, April 2nd. The shares were bought at an average cost of GBX 170 ($2.14) per share, with a total value of £4,930 ($6,193.47). Insiders own 5.72% of the company’s stock.

About CQS Natural Resources Growth and Income

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.