CQS Natural Resources Growth and Income (LON:CYN) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Posted by Linda Flegge on Feb 15th, 2025

CQS Natural Resources Growth and Income plc (LON:CYN – Get Free Report)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 189.67 ($2.39) and traded as high as GBX 198.63 ($2.50). CQS Natural Resources Growth and Income shares last traded at GBX 198 ($2.49), with a volume of 93,805 shares changing hands.

CQS Natural Resources Growth and Income Stock Down 1.5 %

The firm’s fifty day moving average is GBX 189.67 and its two-hundred day moving average is GBX 186.12. The firm has a market cap of £124.50 million, a P/E ratio of 14.07 and a beta of 1.00.

CQS Natural Resources Growth and Income Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Thursday, January 30th will be paid a dividend of GBX 1.26 ($0.02) per share. The ex-dividend date of this dividend is Thursday, January 30th. This represents a yield of 0.68%. CQS Natural Resources Growth and Income’s payout ratio is currently 42.64%.

Insiders Place Their Bets

In related news, insider Seema Paterson acquired 5,000 shares of CQS Natural Resources Growth and Income stock in a transaction on Tuesday, December 10th. The shares were bought at an average cost of GBX 199 ($2.50) per share, with a total value of £9,950 ($12,523.60). Also, insider Louise Hall bought 2,500 shares of the business’s stock in a transaction dated Thursday, February 6th. The shares were acquired at an average cost of GBX 187 ($2.35) per share, for a total transaction of £4,675 ($5,884.20). Insiders have purchased 17,500 shares of company stock valued at $3,462,500 over the last ninety days. 12.62% of the stock is owned by insiders.

CQS Natural Resources Growth and Income Company Profile

(Get Free Report)

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.