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 51.82 ($0.64) and traded as low as GBX 51.60 ($0.64). CQS New City High Yield shares last traded at GBX 53 ($0.65), with a volume of 1,476,267 shares changing hands.
CQS New City High Yield Trading Up 0.6 %
The company has a quick ratio of 2.43, a current ratio of 0.21 and a debt-to-equity ratio of 13.83. The stock has a market capitalization of £285.23 million, a P/E ratio of 1,753.07 and a beta of 0.46. The firm's 50 day simple moving average is GBX 51.82 and its two-hundred day simple moving average is GBX 51.96.
CQS New City High Yield (LON:NCYF - Get Free Report) last posted its earnings results on Wednesday, December 18th. The company reported GBX 4.50 ($0.06) EPS for the quarter. CQS New City High Yield had a net margin of 76.66% and a return on equity of 7.27%.
CQS New City High Yield Announces Dividend
The business also recently announced a dividend, which will be paid on Friday, February 21st. Shareholders of record on Thursday, January 23rd will be paid a GBX 1 ($0.01) dividend. This represents a yield of 1.89%. The ex-dividend date of this dividend is Thursday, January 23rd. CQS New City High Yield's payout ratio is 13,333.33%.
About CQS New City High Yield
(
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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.
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