CQS New City High Yield (LON:NCYF) Insider Purchases £13,000 in Stock

CQS New City High Yield (LON:NCYF) insider Andrew Dann purchased 25,000 shares of the firm’s stock in a transaction that occurred on Friday, June 27th. The stock was bought at an average price of GBX 52 ($0.71) per share, for a total transaction of £13,000 ($17,752.29).

CQS New City High Yield Trading Up 0.8%

Shares of NCYF stock opened at GBX 52 ($0.71) on Thursday. The firm has a 50 day moving average price of GBX 50.91 and a two-hundred day moving average price of GBX 51.29. The company has a quick ratio of 2.43, a current ratio of 0.33 and a debt-to-equity ratio of 12.80. The company has a market capitalization of £305.61 million, a PE ratio of 6.53 and a beta of 0.46. CQS New City High Yield has a 12-month low of GBX 48.56 ($0.66) and a 12-month high of GBX 54 ($0.74).

CQS New City High Yield Company Profile

CQS New City High Yield Fund Limited aims to provide investors with a high dividend yield and the potential for capital growth by investing in high-yielding, fixed interest securities. These include, but are not limited to, preference shares, loan stocks, corporate bonds (convertible and/or redeemable) and government stocks.