CQS Natural Resources Growth and Income (LON:CYN) Reaches New 52-Week High - Should You Buy?

Key Points

• CQS Natural Resources Growth and Income plc shares reached a new 52-week high of GBX 280 ($3.80), with a recent trading price of GBX 272 ($3.69) and a volume of approximately 93,569 shares.
• The company's market capitalization stands at £174.51 million, with a notably high price-to-earnings ratio of -3,631.51.
• Insider Seema Paterson sold 5,000 shares at an average price of GBX 215, reflecting ongoing insider transactions within the company.

CQS Natural Resources Growth and Income plc (LON:CYN - Get Free Report)'s stock price reached a new 52-week high on Friday . The company traded as high as GBX 280 ($3.78) and last traded at GBX 272 ($3.68), with a volume of 93569 shares changing hands. The stock had previously closed at GBX 274 ($3.70).

CQS Natural Resources Growth and Income Stock Performance

The business's 50-day moving average is GBX 233.77 and its two-hundred day moving average is GBX 206.92. The stock has a market capitalization of £184.78 million, a PE ratio of -3,845.13 and a beta of 1.00.

Insiders Place Their Bets

In other CQS Natural Resources Growth and Income news, insider Seema Paterson sold 5,000 shares of the firm's stock in a transaction on Thursday, July 31st. The stock was sold at an average price of GBX 215, for a total value of £10,750. 0.91% of the stock is currently owned by company insiders.

CQS Natural Resources Growth and Income Company Profile

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.