CQS New City High Yield (LON:NCYF - Get Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 51.96 ($0.67) and traded as high as GBX 53.40 ($0.69). CQS New City High Yield shares last traded at GBX 52.40 ($0.68), with a volume of 1,343,694 shares.
CQS New City High Yield Stock Performance
The stock has a 50-day simple moving average of GBX 51.96 and a 200 day simple moving average of GBX 52.12. The company has a debt-to-equity ratio of 13.83, a current ratio of 0.21 and a quick ratio of 2.43. The company has a market capitalization of £278.55 million, a PE ratio of 1,711.70 and a beta of 0.46.
CQS New City High Yield Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, November 29th. Stockholders 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 (DPR) is 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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