CQS Natural Resources Growth and Income (LON:CYN) Share Price Passes Below 50 Day Moving Average – Should You Sell?

CQS Natural Resources Growth and Income plc (LON:CYN)’s share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 194.35 ($2.45) and traded as low as GBX 181.50 ($2.28). CQS Natural Resources Growth and Income shares last traded at GBX 188 ($2.37), with a volume of 188,976 shares trading hands.

CQS Natural Resources Growth and Income Trading Up 1.7 %

The stock’s 50 day simple moving average is GBX 194.37 and its 200 day simple moving average is GBX 185.88. The firm has a market cap of £122.62 million, a PE ratio of -945.00 and a beta of 1.00. The company has a debt-to-equity ratio of 10.24, a quick ratio of 11.93 and a current ratio of 0.32.

CQS Natural Resources Growth and Income Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, October 24th were given a GBX 1.26 ($0.02) dividend. The ex-dividend date was Thursday, October 24th. This represents a yield of 0.68%. CQS Natural Resources Growth and Income’s dividend payout ratio (DPR) is presently -3,000.00%.

Insider Activity at CQS Natural Resources Growth and Income

In other CQS Natural Resources Growth and Income news, insider Seema Paterson acquired 5,000 shares of the stock in a transaction dated Tuesday, December 10th. The stock was purchased at an average cost of GBX 199 ($2.50) per share, for a total transaction of £9,950 ($12,520.45). Also, insider Christopher Casey bought 10,000 shares of CQS Natural Resources Growth and Income stock in a transaction that occurred on Thursday, December 5th. The shares were acquired at an average cost of GBX 200 ($2.52) per share, for a total transaction of £20,000 ($25,166.73). Insiders have bought a total of 17,500 shares of company stock valued at $3,485,000 over the last 90 days. 12.62% of the stock is owned by insiders.

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.