CQS New City High Yield (LON:NCYF - Get Free Report)'s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 51.89 ($0.67) and traded as low as GBX 50.80 ($0.65). CQS New City High Yield shares last traded at GBX 51.60 ($0.66), with a volume of 1,172,108 shares traded.
CQS New City High Yield Stock Performance
The stock has a market cap of £278.71 million, a price-to-earnings ratio of 1,706.93 and a beta of 0.46. The firm has a fifty day moving average of GBX 51.88 and a 200 day moving average of GBX 51.99. 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 company also recently disclosed a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, October 24th will be issued a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, October 24th. This represents a dividend yield of 1.92%. CQS New City High Yield's dividend payout ratio is presently 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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