Henderson High Income Trust (LON:HHI) Hits New 52-Week High – Still a Buy?

Henderson High Income Trust plc (LON:HHIGet Free Report)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 197.50 and last traded at GBX 197, with a volume of 263838 shares changing hands. The stock had previously closed at GBX 195.

Henderson High Income Trust Price Performance

The company has a 50-day moving average of GBX 189.29 and a 200 day moving average of GBX 185.01. The company has a quick ratio of 0.21, a current ratio of 0.13 and a debt-to-equity ratio of 23.55. The stock has a market capitalization of £333.95 million, a PE ratio of 7.75 and a beta of 1.07.

About Henderson High Income Trust

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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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