CQS Natural Resources Growth and Income (LON:CYN) Reaches New 52-Week High at $191.57

CQS Natural Resources Growth and Income plc (LON:CYN)’s stock price reached a new 52-week high on Friday . The company traded as high as GBX 191.57 ($2.42) and last traded at GBX 189.50 ($2.40), with a volume of 281617 shares traded. The stock had previously closed at GBX 185.75 ($2.35).

CQS Natural Resources Growth and Income Stock Performance

The company has a quick ratio of 11.93, a current ratio of 0.24 and a debt-to-equity ratio of 11.72. The company has a market cap of £126.76 million, a PE ratio of 2,368.75 and a beta of 1.03. The stock’s 50 day simple moving average is GBX 163.59 and its two-hundred day simple moving average is GBX 166.67.

CQS Natural Resources Growth and Income Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Thursday, April 25th will be paid 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 is currently 7,500.00%.

Insiders Place Their Bets

In related news, insider Alun Evans purchased 2,900 shares of the business’s stock in a transaction on Tuesday, April 2nd. The shares were bought at an average price of GBX 170 ($2.15) per share, with a total value of £4,930 ($6,239.72). 5.72% of the stock is currently owned by insiders.

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.