CQS Natural Resources Growth and Income plc (LON:CYN – Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 355.28 and traded as high as GBX 387. CQS Natural Resources Growth and Income shares last traded at GBX 382, with a volume of 631,054 shares trading hands.
CQS Natural Resources Growth and Income Trading Up 3.0%
The company has a debt-to-equity ratio of 9.26, a quick ratio of 11.93 and a current ratio of 0.40. The business has a fifty day simple moving average of GBX 355.28 and a 200 day simple moving average of GBX 381.13. The company has a market cap of £138.18 million, a P/E ratio of 2.99 and a beta of 1.19.
Insider Activity
In other news, insider Seema Paterson purchased 2,650 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were acquired at an average cost of GBX 378 per share, with a total value of £10,017. Corporate insiders own 1.63% of the company’s stock.
CQS Natural Resources Growth and Income Company Profile
CQS Natural Resources Growth and Income Trust plc (LSE: CYN) actively invests in global energy and mining companies, with a focus on total return. It also pays a regular quarterly dividend. The flexible mandate allows the Company to shift its portfolio weighting between energy and mining, with the aim of maximising returns depending on the point in the cycle, whilst providing relative value opportunities.
The closed end structure is well suited to allowing the investment management team to focus on the best returns profile, rather than liquidity as is the case with Exchange Traded Funds (“ETFs”).
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