CQS Natural Resources Growth and Income (LON:CYN) Sets New 12-Month High – What’s Next?

CQS Natural Resources Growth and Income plc (LON:CYN) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 207 ($2.62) and last traded at GBX 205 ($2.60), with a volume of 560143 shares traded. The stock had previously closed at GBX 199.74 ($2.53).

CQS Natural Resources Growth and Income Price Performance

The stock’s 50 day moving average price is GBX 188.51 and its two-hundred day moving average price is GBX 186.16. The stock has a market cap of £131.71 million, a price-to-earnings ratio of -1,005.16 and a beta of 1.00. The company has a quick ratio of 11.93, a current ratio of 0.32 and a debt-to-equity ratio of 10.24.

CQS Natural Resources Growth and Income Cuts Dividend

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

Insider Buying and Selling

In other CQS Natural Resources Growth and Income news, insider Louise Hall bought 2,500 shares of CQS Natural Resources Growth and Income stock in a transaction dated Monday, November 4th. The stock was bought at an average cost of GBX 196 ($2.48) per share, for a total transaction of £4,900 ($6,211.97). 12.62% of the stock is currently owned by company insiders.

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.