CQS Natural Resources Growth and Income (LON:CYN) Share Price Passes Below 50 Day Moving Average of $191.08

Posted by Defense World Staff on Jun 29th, 2024

CQS Natural Resources Growth and Income plc (LON:CYN – Get Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 191.08 ($2.42) and traded as low as GBX 184.40 ($2.34). CQS Natural Resources Growth and Income shares last traded at GBX 189 ($2.40), with a volume of 61,617 shares changing hands.

CQS Natural Resources Growth and Income Price Performance

The company has a quick ratio of 11.93, a current ratio of 0.32 and a debt-to-equity ratio of 10.24. The business’s 50-day moving average is GBX 191.08 and its two-hundred day moving average is GBX 174.29. The company has a market capitalization of £125.89 million, a P/E ratio of -945.00 and a beta of 1.03.

CQS Natural Resources Growth and Income Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, May 28th. Stockholders of record on Thursday, April 25th were paid a GBX 1.26 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, April 25th. This represents a dividend yield of 0.68%. CQS Natural Resources Growth and Income’s payout ratio is -3,000.00%.

Insider Transactions at CQS Natural Resources Growth and Income

In other news, insider Alun Evans acquired 2,900 shares of CQS Natural Resources Growth and Income stock in a transaction that occurred on Tuesday, April 2nd. The stock was bought at an average price of GBX 170 ($2.16) per share, with a total value of £4,930 ($6,253.96). Corporate insiders own 4.78% of the company’s stock.

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.