CQS Natural Resources Growth and Income (LON:CYN) Stock Price Crosses Below 50 Day Moving Average - Should You Sell?

CQS Natural Resources Growth and Income plc (LON:CYN - Get Free Report)'s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 190.66 ($2.36) and traded as low as GBX 183.50 ($2.28). CQS Natural Resources Growth and Income shares last traded at GBX 186.50 ($2.31), with a volume of 469,591 shares.

CQS Natural Resources Growth and Income Trading Up 2.4 %

The firm has a market cap of £124.57 million, a P/E ratio of -960.00 and a beta of 1.00. The stock has a fifty day simple moving average of GBX 189.82 and a 200 day simple moving average of GBX 185.76. 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 Announces Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Thursday, January 30th will be issued a GBX 1.26 ($0.02) dividend. This represents a dividend yield of 0.68%. The ex-dividend date of this dividend is Thursday, January 30th. CQS Natural Resources Growth and Income's payout ratio is -3,000.00%.

Insiders Place Their Bets

In other news, insider Louise Hall purchased 2,500 shares of the company's stock in a transaction dated Thursday, February 6th. The shares were purchased at an average cost of GBX 187 ($2.32) per share, for a total transaction of £4,675 ($5,798.81). Also, insider Seema Paterson bought 5,000 shares of the stock in a transaction that occurred on Tuesday, December 10th. The shares were bought at an average price of GBX 199 ($2.47) per share, for a total transaction of £9,950 ($12,341.85). In the last quarter, insiders acquired 17,500 shares of company stock valued at $3,462,500. Corporate insiders own 12.62% of the company's stock.

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About CQS Natural Resources Growth and Income

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.