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CQS Natural Resources Growth and Income (LON:CYN) Hits New 52-Week High - Here's Why

CQS Natural Resources Growth and Income logo with Financial Services background

CQS Natural Resources Growth and Income plc (LON:CYN - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as GBX 223 ($3.00) and last traded at GBX 218.87 ($2.94), with a volume of 275404 shares changing hands. The stock had previously closed at GBX 211 ($2.84).

CQS Natural Resources Growth and Income Trading Down 0.9%

The firm has a fifty day simple moving average of GBX 204.43 and a 200-day simple moving average of GBX 192.31. The stock has a market cap of £139.59 million, a price-to-earnings ratio of 15.78 and a beta of 1.00.

About CQS Natural Resources Growth and Income

(Get Free Report)

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.

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