CQS New City High Yield (LON:NCYF) Insider Joanna Dentskevich Acquires 39,180 Shares

CQS New City High Yield (LON:NCYF) insider Joanna Dentskevich purchased 39,180 shares of the stock in a transaction dated Thursday, May 21st. The stock was purchased at an average price of GBX 50 per share, with a total value of £19,590.

CQS New City High Yield Stock Performance

Shares of LON:NCYF traded up GBX 0.18 during trading on Thursday, hitting GBX 50.68. 741,849 shares of the company traded hands, compared to its average volume of 1,814,600. CQS New City High Yield has a one year low of GBX 47.50 and a one year high of GBX 53.40. The company has a quick ratio of 2.43, a current ratio of 8.09 and a debt-to-equity ratio of 12.54. The business’s fifty day moving average is GBX 50.19 and its 200-day moving average is GBX 50.84. The stock has a market capitalization of £341.51 million, a price-to-earnings ratio of 14.56 and a beta of 0.08.

CQS New City High Yield (LON:NCYF) last issued its quarterly earnings data on Thursday, February 26th. The company reported GBX 2.29 earnings per share for the quarter. CQS New City High Yield had a net margin of 73.82% and a return on equity of 7.00%.

About CQS New City High Yield

CQS New City High Yield Fund Limited aims to provide investors with a high dividend yield and the potential for capital growth by investing in high-yielding, fixed interest securities. These include, but are not limited to, preference shares, loan stocks, corporate bonds (convertible and/or redeemable) and government stocks. The Company also invests in equities and other income-yielding securities.

Since the Fund’s launch in 2007, the Board has increased the level of dividends paid every year.