CQS New City High Yield (LON:NCYF) Insider Buys £19,590 in Stock

CQS New City High Yield (LON:NCYF) insider Joanna Dentskevich bought 39,180 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was acquired at an average cost of GBX 50 per share, for a total transaction of £19,590.

CQS New City High Yield Stock Up 0.4%

CQS New City High Yield stock traded up GBX 0.18 during trading on Thursday, reaching GBX 50.68. 741,849 shares of the company’s stock were exchanged, compared to its average volume of 1,814,600. CQS New City High Yield has a 52-week low of GBX 47.50 and a 52-week high of GBX 53.40. The firm has a market cap of £341.51 million, a price-to-earnings ratio of 14.56 and a beta of 0.08. 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 company’s 50-day moving average is GBX 50.19 and its two-hundred day moving average is GBX 50.84.

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

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.