CQS Natural Resources Growth and Income (LON:CYN) Sets New 52-Week High - Time to Buy?

Key Points

• CQS Natural Resources Growth and Income plc (LON:CYN) reached a new 52-week high of GBX 224 ($2.99) during mid-day trading, although it last traded at GBX 218.31 ($2.92).
• The company has a market capitalization of £137.28 million and operates with a P/E ratio of 15.51.
• CQS Natural Resources primarily invests in global energy and mining companies and aims to maximize total returns while providing a regular quarterly dividend.

CQS Natural Resources Growth and Income plc (LON:CYN - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 224 ($2.97) and last traded at GBX 218.31 ($2.90), with a volume of 183794 shares. The stock had previously closed at GBX 224 ($2.97).

CQS Natural Resources Growth and Income Stock Performance

The company has a 50-day simple moving average of GBX 206.92 and a two-hundred day simple moving average of GBX 193.20. The firm has a market capitalization of £131.42 million, a P/E ratio of 14.85 and a beta of 1.00.

About CQS Natural Resources Growth and Income

CQS Natural Resources Growth and Income Trust plc LSE: CYN actively invests in global energy and mining companies, with a focus on total return. It also pays a regular quarterly dividend. The flexible mandate allows the Company to shift its portfolio weighting between energy and mining, with the aim of maximising returns depending on the point in the cycle, whilst providing relative value opportunities.