CQS Natural Resources Growth and Income plc (LON:CYN – Get Free Report)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 358.42 and traded as high as GBX 407. CQS Natural Resources Growth and Income shares last traded at GBX 406, with a volume of 225,853 shares trading hands.
CQS Natural Resources Growth and Income Price Performance
The company has a debt-to-equity ratio of 9.26, a current ratio of 0.40 and a quick ratio of 11.93. The company has a 50 day moving average price of GBX 359.42 and a 200 day moving average price of GBX 380.01. The firm has a market cap of £147.95 million, a PE ratio of 3.20 and a beta of 1.19.
Insider Buying and Selling
In other news, insider Seema Paterson bought 2,650 shares of CQS Natural Resources Growth and Income stock in a transaction dated Wednesday, May 27th. The stock was bought at an average price of GBX 378 per share, for a total transaction of £10,017. 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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