CQS Natural Resources Growth and Income (LON:CYN) Reaches New 52-Week High – What’s Next?

CQS Natural Resources Growth and Income plc (LON:CYN) shares reached a new 52-week high on Friday . The stock traded as high as GBX 327 and last traded at GBX 322, with a volume of 144115 shares traded. The stock had previously closed at GBX 317.

CQS Natural Resources Growth and Income Price Performance

The stock’s fifty day simple moving average is GBX 293.83 and its 200-day simple moving average is GBX 247.24. The stock has a market cap of £112.95 million, a P/E ratio of 36.26 and a beta of 1.00.

Insider Buying and Selling at CQS Natural Resources Growth and Income

In other news, insider Seema Paterson acquired 732 shares of the company’s stock in a transaction that occurred on Tuesday, October 28th. The shares were acquired at an average price of GBX 266 per share, with a total value of £1,947.12. Also, insider Louise Hall acquired 4,000 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The stock was purchased at an average price of GBX 284 per share, for a total transaction of £11,360. 1.67% of the stock is owned by company insiders.

About CQS Natural Resources Growth and Income

CQS Natural Resources Growth and Income Trust plc (LSE: CYN) actively invests in global energy and mining companies, with a focus on total return. It also pays a regular quarterly dividend. The flexible mandate allows the Company to shift its portfolio weighting between energy and mining, with the aim of maximising returns depending on the point in the cycle, whilst providing relative value opportunities.