CQS Natural Resources Growth and Income (LON:CYN) Stock Passes Above 50 Day Moving Average of $178.01

CQS Natural Resources Growth and Income plc (LON:CYN)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 178.01 ($2.35) and traded as high as GBX 178.16 ($2.35). CQS Natural Resources Growth and Income shares last traded at GBX 177 ($2.34), with a volume of 101,293 shares traded.

CQS Natural Resources Growth and Income Stock 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 firm has a market capitalization of £115.60 million, a PE ratio of -885.00 and a beta of 1.00. The firm’s 50-day moving average price is GBX 178.01 and its two-hundred day moving average price is GBX 181.74.

CQS Natural Resources Growth and Income Increases Dividend

The company also recently announced a dividend, which was paid on Monday, September 2nd. Shareholders of record on Thursday, August 1st were paid a dividend of GBX 2.82 ($0.04) per share. This is an increase from CQS Natural Resources Growth and Income’s previous dividend of $1.26. This represents a yield of 1.47%. The ex-dividend date was Thursday, August 1st. CQS Natural Resources Growth and Income’s payout ratio is -3,000.00%.

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.