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

CQS Natural Resources Growth and Income plc (LON:CYN - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 189.56 ($2.58) and traded as high as GBX 208 ($2.83). CQS Natural Resources Growth and Income shares last traded at GBX 208 ($2.83), with a volume of 57,080 shares.

CQS Natural Resources Growth and Income Stock Down 1.9%

The company has a market cap of £127.65 million, a price-to-earnings ratio of 14.43 and a beta of 1.00. The company's fifty day moving average price is GBX 190.24 and its two-hundred day moving average price is GBX 189.43.

CQS Natural Resources Growth and Income (LON:CYN - Get Free Report) last announced its quarterly earnings data on Thursday, March 27th. The company reported GBX 0.63 ($0.01) EPS 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 Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Thursday, March 27th were given a GBX 10 ($0.14) dividend. This is an increase from CQS Natural Resources Growth and Income's previous dividend of $1.26. The ex-dividend date was Thursday, March 27th. This represents a dividend yield of 1.07%. CQS Natural Resources Growth and Income's dividend payout ratio is presently 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.