CQS New City High Yield (LON:NCYF - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 51.64 ($0.65) and traded as high as GBX 52 ($0.65). CQS New City High Yield shares last traded at GBX 51.61 ($0.65), with a volume of 222,173 shares.
CQS New City High Yield Price Performance
The business has a 50-day moving average of GBX 51.61 and a two-hundred day moving average of GBX 51.95. The company has a current ratio of 0.21, a quick ratio of 2.43 and a debt-to-equity ratio of 13.83. The firm has a market cap of £279.91 million, a P/E ratio of 1,720.33 and a beta of 0.46.
CQS New City High Yield Cuts Dividend
The firm also recently announced a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, October 24th were issued a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, October 24th. This represents a yield of 1.92%. CQS New City High Yield's payout ratio is currently 13,333.33%.
CQS New City High Yield Company Profile
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CQS New City High Yield Fund Limited is a close ended fixed income mutual fund launched by CQS Asset Management Ltd. The fund is managed by CQS (UK) LLP. It invests in fixed income markets. The fund primarily invests in fixed income securities such as corporate and government bonds, loan stocks, and high yielding bonds.
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