Insider Buying: CQS New City High Yield (LON:NCYF) Insider Acquires £19,686 in Stock

CQS New City High Yield (LON:NCYFGet Free Report) insider Wendy Dorman bought 38,600 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were bought at an average price of GBX 51 ($0.66) per share, for a total transaction of £19,686 ($25,368.56).

CQS New City High Yield Stock Down 1.0 %

NCYF stock opened at GBX 51 ($0.66) on Friday. The stock has a 50-day simple moving average of GBX 51.83 and a two-hundred day simple moving average of GBX 51.79. The company has a quick ratio of 2.43, a current ratio of 0.33 and a debt-to-equity ratio of 12.80. CQS New City High Yield has a twelve month low of GBX 49 ($0.63) and a twelve month high of GBX 54 ($0.70). The firm has a market capitalization of £299.73 million, a PE ratio of 6.40 and a beta of 0.46.

CQS New City High Yield (LON:NCYFGet Free Report) last announced its quarterly earnings results on Wednesday, December 18th. The company reported GBX 4.50 ($0.06) EPS for the quarter. CQS New City High Yield had a net margin of 88.30% and a return on equity of 16.49%.

CQS New City High Yield Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, February 21st. Investors of record on Thursday, January 23rd were given a dividend of GBX 1 ($0.01) per share. This represents a yield of 1.89%. The ex-dividend date was Thursday, January 23rd. CQS New City High Yield’s payout ratio is 50.20%.

About CQS New City High Yield

(Get Free Report)

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.

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