Shares of CQS New City High Yield (LON:NCYF - Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 51.57 ($0.64) and traded as low as GBX 51.40 ($0.64). CQS New City High Yield shares last traded at GBX 51.80 ($0.64), with a volume of 3,046,943 shares changing hands.
CQS New City High Yield Price Performance
The company has a market capitalization of £280.94 million, a P/E ratio of 1,726.67 and a beta of 0.46. The stock's fifty day simple moving average is GBX 51.57 and its 200-day simple moving average is GBX 51.95. The company has a debt-to-equity ratio of 13.83, a current ratio of 0.21 and a quick ratio of 2.43.
CQS New City High Yield Cuts Dividend
The business also recently announced a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, October 24th were given a dividend of GBX 1 ($0.01) per share. This represents a yield of 1.92%. The ex-dividend date was Thursday, October 24th. CQS New City High Yield's dividend payout ratio (DPR) is currently 13,333.33%.
About CQS New City High Yield
(
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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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