CQS Natural Resources Growth and Income (LON:CYN) Posts Earnings Results

CQS Natural Resources Growth and Income (LON:CYN) released its quarterly earnings results on Wednesday. The company reported GBX 0.17 earnings per share (EPS) for the quarter, Digital Look Earnings reports. CQS Natural Resources Growth and Income had a positive return on equity of 4.42% and a negative net margin of 2,053.76%.

CQS Natural Resources Growth and Income Stock Performance

CYN traded up GBX 19.51 during midday trading on Wednesday, hitting GBX 360.51. The company had a trading volume of 226,481 shares, compared to its average volume of 246,961. The company has a market capitalization of £132.27 million, a PE ratio of 40.60 and a beta of 1.09. CQS Natural Resources Growth and Income has a twelve month low of GBX 160.01 and a twelve month high of GBX 450. The firm’s 50-day simple moving average is GBX 396.02 and its 200-day simple moving average is GBX 339.08.

Insider Activity

In related news, insider Seema Paterson bought 131 shares of CQS Natural Resources Growth and Income stock in a transaction dated Friday, February 27th. The shares were bought at an average cost of GBX 447 per share, for a total transaction of £585.57. Insiders own 1.59% of the company’s stock.

About CQS Natural Resources Growth and Income

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.

The closed end structure is well suited to allowing the investment management team to focus on the best returns profile, rather than liquidity as is the case with Exchange Traded Funds (“ETFs”).