CQS New City High Yield (NCYF) Share Price, News & Analysis

Company Overview

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. It uses a value approach to create its portfolio. The fund was formerly known as New City High Yield Fund Limited. CQS New City High Yield Fund Limited was formed in October 2004 and is domiciled in the Channel Islands.

Key Stats

• Today's Range: 51.20 to 52
• 50-Day Range: 50.60 to 52.98
• 52-Week Range: 47.80 to 54
• Volume: 830,681 shs
• Average Volume: 910,753 shs
• Market Capitalization: £280.94 million
• P/E Ratio: 1,726.67
• Dividend Yield: 7.72%
• Price Target: N/A
• Consensus Rating: N/A

NCYF Stock Analysis - Frequently Asked Questions

How have NCYF shares performed this year?

CQS New City High Yield's stock was trading at GBX 50.60 at the beginning of 2024. Since then, NCYF stock has increased by 2.4% and is now trading at GBX 51.80.
View the best growth stocks for 2024 here.

How do I buy shares of CQS New City High Yield?

Shares of NCYF stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of CQS New City High Yield own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CQS New City High Yield investors own include Edinburgh Worldwide (EWI), JPMorgan China Growth & Income (JCGI), ITM Power (ITM), Henderson Far East Income (HFEL), Raven Property Group (RAV), Montanaro UK Smaller Companies (MTU) and Legal & General Group (LGEN).

Company Calendar

• Ex-Dividend for 8/30 Dividend: 8/01/2024
• Dividend Payable: 8/30/2024
• Ex-Dividend for 11/29 Dividend: 10/24/2024
• Today: 11/22/2024
• Dividend Payable: 11/29/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: LON:NCYF
• CUSIP: N/A
• CIK: N/A
• Web: www.ncim.co.uk
• Phone: +44-207-5574370
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.03
• Trailing P/E Ratio: 1,726.67
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: £17.89 million
• Net Margins: 76.66%
• Pretax Margin: N/A
• Return on Equity: 7.27%
• Return on Assets: 4.54%

Debt

• Debt-to-Equity Ratio: 13.83
• Current Ratio: 0.21
• Quick Ratio: 2.43

Sales & Book Value

• Annual Sales: £23.34 million
• Price / Sales: 12.04
• Cash Flow: GBX 0.80 per share
• Price / Cash Flow: 64.50
• Book Value: GBX 47 per share
• Price / Book: 1.10

Miscellaneous

• Outstanding Shares: 542,350,000
• Free Float: N/A
• Market Cap: £280.94 million
• Optionable: Not Optionable
• Beta: 0.46