CQS Natural Resources Growth and Income (LON:CYN) Stock Price Crosses Above Fifty Day Moving Average - Here's What Happened

Shares of CQS Natural Resources Growth and Income plc (LON:CYN - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 189.56 ($2.57) and traded as high as GBX 208 ($2.82). CQS Natural Resources Growth and Income shares last traded at GBX 208 ($2.82), with a volume of 57,080 shares trading hands.

CQS Natural Resources Growth and Income Stock Up 0.7%

The firm has a market capitalization of £128.59 million, a P/E ratio of 14.53 and a beta of 1.00. The firm has a 50 day moving average of GBX 190.91 and a 200-day moving average of GBX 189.25.

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

CQS Natural Resources Growth and Income Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 2nd. Investors of record on Thursday, March 27th were paid a GBX 10 ($0.14) dividend. This is a boost from CQS Natural Resources Growth and Income's previous dividend of $1.26. This represents a dividend yield of 1.07%. The ex-dividend date of this dividend was Thursday, March 27th. CQS Natural Resources Growth and Income's payout ratio is 42.64%.

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.