CQS New City High Yield (LON:NCYF - Get Free Report)'s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 51.94 ($0.67) and traded as high as GBX 52 ($0.67). CQS New City High Yield shares last traded at GBX 51 ($0.66), with a volume of 594,203 shares.
CQS New City High Yield Stock Performance
The business has a fifty day simple moving average of GBX 51.94 and a two-hundred day simple moving average of GBX 52.06. The company has a market cap of £276.60 million, a PE ratio of 1,700.00 and a beta of 0.46. 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 disclosed a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, October 24th will be given a dividend of GBX 1 ($0.01) per share. This represents a yield of 1.92%. The ex-dividend date of this dividend is Thursday, October 24th. CQS New City High Yield's payout ratio 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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