Shares of CQS Natural Rsrcs Grwth Inc PLC (LON:CYN) shot up 0.2% during mid-day trading on Thursday . The stock traded as high as GBX 86.43 ($1.13) and last traded at GBX 85.91 ($1.12), 65,289 shares traded hands during mid-day trading. A decline of 37% from the average session volume of 103,920 shares. The stock had previously closed at GBX 85.70 ($1.12).
The company has a market capitalization of $57.39 million and a P/E ratio of -4.36. The company has a debt-to-equity ratio of 14.15, a current ratio of 2.77 and a quick ratio of 2.18. The firm has a fifty day moving average price of GBX 86.73 and a 200-day moving average price of GBX 82.13.
The firm also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 24th will be issued a GBX 1.26 ($0.02) dividend. This represents a dividend yield of 1.48%. The ex-dividend date of this dividend is Thursday, October 24th. CQS Natural Rsrcs Grwth’s dividend payout ratio is presently -0.25%.
CQS Natural Rsrcs Grwth Company Profile (LON:CYN)
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.
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