Henderson High Income Trust (LON:HHI) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Henderson High Income Trust plc (LON:HHIGet Free Report)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 198.06 and traded as low as GBX 197.72. Henderson High Income Trust shares last traded at GBX 199.75, with a volume of 187,244 shares trading hands.

Henderson High Income Trust Stock Up 0.3%

The stock has a market capitalization of £339.04 million, a price-to-earnings ratio of 5.69 and a beta of 1.27. The firm has a 50-day moving average of GBX 198.06 and a 200 day moving average of GBX 196.07. The company has a current ratio of 0.14, a quick ratio of 0.21 and a debt-to-equity ratio of 19.04.

Henderson High Income Trust Company Profile

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Henderson High Income Trust plc is a United Kingdom-based investment trust. The Trust invests in a diversified selection of companies to provide investors with a high dividend income stream, while also maintaining the prospect of capital growth. A substantial majority of the trust’s assets are invested in ordinary shares of listed companies with the balance in listed fixed interest stocks. The Trust invests predominantly in companies listed in the United Kingdom and does not expect to invest more than approximately 20% of total assets in non-United Kingdom listed companies.

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