CQS New City High Yield (LON:NCYF – Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 51.70 ($0.70) and traded as low as GBX 50.60 ($0.68). CQS New City High Yield shares last traded at GBX 51 ($0.69), with a volume of 1,032,319 shares.
CQS New City High Yield Trading Up 0.8%
The firm has a market capitalization of £299.73 million, a PE ratio of 6.40 and a beta of 0.46. The company has a quick ratio of 2.43, a current ratio of 0.33 and a debt-to-equity ratio of 12.80. The business’s fifty day moving average price is GBX 51.70 and its 200 day moving average price is GBX 51.25.
Insider Activity at CQS New City High Yield
In other news, insider Andrew Dann purchased 25,000 shares of the stock in a transaction dated Friday, June 27th. The stock was acquired at an average cost of GBX 52 per share, for a total transaction of £13,000. 0.11% of the stock is currently owned by company insiders.
About CQS New City High Yield
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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