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

Henderson High Income Trust plc (LON:HHI)’s stock price crossed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of GBX 205.54 and traded as low as GBX 202.88. Henderson High Income Trust shares last traded at GBX 202.88, with a volume of 216,925 shares.

Henderson High Income Trust Stock Performance

The stock’s 50-day moving average is GBX 205.54 and its 200-day moving average is GBX 199.07. The company has a current ratio of 0.19, a quick ratio of 0.21 and a debt-to-equity ratio of 20.28. The stock has a market cap of £343.92 million, a price-to-earnings ratio of 5.77 and a beta of 1.27.

Henderson High Income Trust (LON:HHI) last announced its quarterly earnings results on Wednesday, September 9th. The company reported GBX 6.64 earnings per share 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.