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

Henderson High Income Trust plc (LON:HHIGet Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 206 and last traded at GBX 204, with a volume of 404746 shares. The stock had previously closed at GBX 201.

Henderson High Income Trust Stock Up 0.5%

The company has a debt-to-equity ratio of 23.55, a current ratio of 0.13 and a quick ratio of 0.21. The business’s fifty day simple moving average is GBX 193.67 and its two-hundred day simple moving average is GBX 186.90. The company has a market cap of £349.21 million, a PE ratio of 8.11 and a beta of 1.07.

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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