CQS New City High Yield (LON:NCYF) Insider Purchases £20,800 in Stock

CQS New City High Yield (LON:NCYF) insider Caroline Hitch acquired 40,000 shares of the stock in a transaction that occurred on Thursday, July 23rd. The stock was purchased at an average price of GBX 52 per share, for a total transaction of £20,800.

CQS New City High Yield Stock Performance

Shares of NCYF opened at GBX 52.40 on Thursday. The company has a debt-to-equity ratio of 12.54, a quick ratio of 2.43 and a current ratio of 8.09. The stock has a market capitalization of £361.80 million, a P/E ratio of 15.06 and a beta of 0.08. The company’s fifty day moving average is GBX 51.51 and its two-hundred day moving average is GBX 50.98. CQS New City High Yield has a 1 year low of GBX 47.50 and a 1 year high of GBX 53.40.

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.