Henderson High Income (LON:HHI) Shares Pass Below 50-Day Moving Average of $155.08

Henderson High Income (LON:HHI)’s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 155.08 ($1.93) and traded as low as GBX 151.50 ($1.89). Henderson High Income shares last traded at GBX 152.50 ($1.90), with a volume of 148,124 shares.

Henderson High Income Price Performance

The company has a debt-to-equity ratio of 24.15, a quick ratio of 0.21 and a current ratio of 0.22. The stock has a market cap of £262.70 million, a PE ratio of 1,525.00 and a beta of 1.03. The stock’s 50-day moving average is GBX 155.08 and its two-hundred day moving average is GBX 153.55.

Henderson High Income Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, April 26th. Investors of record on Thursday, April 4th will be given a dividend of GBX 2.63 ($0.03) per share. The ex-dividend date is Thursday, April 4th. This represents a dividend yield of 1.72%. Henderson High Income’s payout ratio is currently 11,000.00%.

About Henderson High Income

Henderson High Income Trust plc is a close-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.