CQS Natural Resources Growth and Income (LON:CYN) Share Price Passes Above 50 Day Moving Average - Here's What Happened

CQS Natural Resources Growth and Income plc (LON:CYN - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 194.27 ($2.61) and traded as high as GBX 217.55 ($2.93). CQS Natural Resources Growth and Income shares last traded at GBX 210 ($2.82), with a volume of 219,528 shares traded.

CQS Natural Resources Growth and Income Stock Down 0.5%

The business has a 50-day moving average price of GBX 194.27 and a 200-day moving average price of GBX 189.64. The firm has a market capitalization of £131.42 million, a P/E ratio of 14.85 and a beta of 1.00.

CQS Natural Resources Growth and Income (LON:CYN - Get Free Report) last posted its quarterly earnings results on Thursday, March 27th. The company reported GBX 0.63 ($0.01) earnings per share for the quarter. CQS Natural Resources Growth and Income had a net margin of 68.67% and a return on equity of 6.63%.

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.