CQS New City High Yield (LON:NCYF – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported GBX 4.64 earnings per share for the quarter, Digital Look Earnings reports. CQS New City High Yield had a net margin of 73.82% and a return on equity of 7.00%.
CQS New City High Yield Price Performance
LON:NCYF traded down GBX 0.06 during midday trading on Wednesday, hitting GBX 50.65. 634,203 shares of the stock were exchanged, compared to its average volume of 1,974,772. The company has a market capitalization of £363.76 million, a price-to-earnings ratio of 14.55 and a beta of 0.08. The company has a current ratio of 8.09, a quick ratio of 2.43 and a debt-to-equity ratio of 12.54. CQS New City High Yield has a one year low of GBX 47.50 and a one year high of GBX 53. The business has a 50-day moving average price of GBX 50.93 and a two-hundred day moving average price of GBX 50.76.
Insider Buying and Selling at CQS New City High Yield
In other news, insider Ian Cadby acquired 26,000 shares of the company’s stock in a transaction dated Friday, July 17th. The shares were bought at an average price of GBX 52 per share, with a total value of £13,520. Also, insider Andrew Dann acquired 25,000 shares of the business’s stock in a transaction dated Tuesday, June 30th. The stock was purchased at an average price of GBX 52 per share, with a total value of £13,000. In the last ninety days, insiders bought 91,000 shares of company stock valued at $4,732,000. 1.00% of the stock is owned by corporate insiders.
CQS New City High Yield Company Profile
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.
See Also
- Five stocks we like better than CQS New City High Yield
- Quantum and Rare Earths? Implications of the Pasqal/USAR Partnership
- Lockheed’s Stock Hasn’t Priced In Its Own Backlog—Boeing’s Might Already Have
- Eli Lilly Keeps Pulling Ahead—Can Novo Nordisk Catch Up?
- Old Dogs, New Tech: 3 Legacy Stocks Powering the AI Boom
Receive News & Ratings for CQS New City High Yield Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CQS New City High Yield and related companies with MarketBeat.com's FREE daily email newsletter.
