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

Henderson High Income Trust plc (LON:HHI)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 205.07 and traded as low as GBX 201. Henderson High Income Trust shares last traded at GBX 204, with a volume of 125,221 shares changing hands.

Henderson High Income Trust Stock Performance

The firm has a market cap of £342.43 million, a price-to-earnings ratio of 5.74 and a beta of 1.27. The firm’s 50 day moving average is GBX 205.13 and its 200-day moving average is GBX 198.80. The company has a debt-to-equity ratio of 20.28, a quick ratio of 0.21 and a current ratio of 0.19.

Henderson High Income Trust (LON:HHI) last posted its earnings results on Wednesday, September 9th. The company reported GBX 6.64 EPS for the quarter. Henderson High Income Trust had a net margin of 580.23% and a return on equity of 13.14%.

About Henderson High Income Trust

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.