CQS Natural Resources Growth and Income (LON:CYN) Stock Crosses Below 50-Day Moving Average - What's Next?

CQS Natural Resources Growth and Income plc (LON:CYN - Get Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 194.09 ($2.38) and traded as low as GBX 185.50 ($2.27). CQS Natural Resources Growth and Income shares last traded at GBX 186.50 ($2.28), with a volume of 418,934 shares.

CQS Natural Resources Growth and Income Price Performance

The company has a debt-to-equity ratio of 10.24, a current ratio of 0.32 and a quick ratio of 11.93. The company's 50 day simple moving average is GBX 193.95 and its 200 day simple moving average is GBX 186.22. The company has a market capitalization of £121.97 million, a PE ratio of -940.00 and a beta of 1.00.

Insider Activity at CQS Natural Resources Growth and Income

In other CQS Natural Resources Growth and Income news, insider Louise Hall acquired 2,500 shares of the firm's stock in a transaction that occurred on Monday, November 4th. The shares were acquired at an average cost of GBX 196 ($2.40) per share, for a total transaction of £4,900 ($5,996.08). Also, insider Seema Paterson acquired 5,000 shares of the business's stock in a transaction that occurred on Tuesday, December 10th. The shares were bought at an average price of GBX 199 ($2.44) per share, with a total value of £9,950 ($12,175.72). Insiders acquired a total of 17,500 shares of company stock worth $3,485,000 in 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.