CQS New City High Yield (LON:NCYF) Insider Purchases £13,520 in Stock

CQS New City High Yield (LON:NCYF) insider Ian Cadby purchased 26,000 shares of CQS New City High Yield stock in a transaction that occurred on Friday, July 17th. The stock was bought at an average cost of GBX 52 per share, with a total value of £13,520.

CQS New City High Yield Stock Performance

LON NCYF traded down GBX 0.06 during trading hours on Friday, hitting GBX 52.14. The company had a trading volume of 1,535,579 shares, compared to its average volume of 1,837,930. The business has a 50 day moving average of GBX 51.16 and a 200-day moving average of GBX 50.93. The company has a market cap of £360.00 million, a PE ratio of 14.98 and a beta of 0.08. CQS New City High Yield has a 1-year low of GBX 47.50 and a 1-year high of GBX 53.40. The company has a debt-to-equity ratio of 12.54, a quick ratio of 2.43 and a current ratio of 8.09.

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.