Henderson High Income Trust (LON:HHI) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Henderson High Income Trust plc (LON:HHI)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 197.45 and traded as high as GBX 200. Henderson High Income Trust shares last traded at GBX 197, with a volume of 97,303 shares traded.

Henderson High Income Trust Trading Up 1.5%

The company has a current ratio of 0.14, a quick ratio of 0.21 and a debt-to-equity ratio of 19.04. The stock has a 50 day simple moving average of GBX 197.45 and a 200-day simple moving average of GBX 195.47. The firm has a market cap of £340.73 million, a P/E ratio of 5.71 and a beta of 0.83.

Henderson High Income Trust Company Profile

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.