CQS New City High Yield Fund Ltd (LON:NCYF) insider Duncan Baxter purchased 85,715 shares of the firm’s stock in a transaction dated Monday, March 23rd. The shares were acquired at an average cost of GBX 36 ($0.47) per share, with a total value of £30,857.40 ($40,591.16).
Shares of NCYF opened at GBX 39.80 ($0.52) on Friday. The stock has a market capitalization of $169.79 million and a P/E ratio of 20.95. CQS New City High Yield Fund Ltd has a twelve month low of GBX 0.54 ($0.01) and a twelve month high of GBX 61.80 ($0.81). The company has a 50 day moving average of GBX 52.74 and a 200-day moving average of GBX 57.28. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 12.01.
The firm also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, January 23rd were paid a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend was Thursday, January 23rd. This represents a dividend yield of 1.62%. CQS New City High Yield Fund’s dividend payout ratio is currently 2.11%.
CQS New City High Yield Fund Company Profile
CQS New City High Yield Fund Limited is a close ended fixed income mutual fund launched by CQS Asset Management Ltd. The fund is managed by CQS (UK) LLP. It invests in fixed income markets. The fund primarily invests in fixed income securities such as corporate and government bonds, loan stocks, and high yielding bonds.
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