Shares of CQS New City High Yield (LON:NCYF - Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 51.81 ($0.65) and traded as low as GBX 51.40 ($0.65). CQS New City High Yield shares last traded at GBX 52 ($0.66), with a volume of 828,056 shares.
CQS New City High Yield Price Performance
The firm has a market capitalization of £304.43 million, a price-to-earnings ratio of 6.50 and a beta of 0.46. The company's 50-day moving average is GBX 51.83 and its 200-day moving average is GBX 51.79. The company has a debt-to-equity ratio of 12.80, a current ratio of 0.33 and a quick ratio of 2.43.
CQS New City High Yield (LON:NCYF - Get Free Report) last released its quarterly earnings data on Wednesday, December 18th. The company reported GBX 4.50 ($0.06) earnings per share for the quarter. CQS New City High Yield had a return on equity of 16.49% and a net margin of 88.30%.
CQS New City High Yield Dividend Announcement
The business also recently disclosed a dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, January 23rd were given a GBX 1 ($0.01) dividend. This represents a yield of 1.89%. The ex-dividend date of this dividend was Thursday, January 23rd. CQS New City High Yield's dividend payout ratio (DPR) is presently 50.20%.
CQS New City High Yield Company Profile
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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.
Further Reading
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