Henderson Far East Income (LON:HFEL) Reaches New 12-Month High – Here’s Why

Shares of Henderson Far East Income (LON:HFEL) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 281.50 and last traded at GBX 280.50, with a volume of 1123346 shares traded. The stock had previously closed at GBX 276.30.

Henderson Far East Income Stock Performance

The company has a market cap of £583.89 million, a price-to-earnings ratio of 3.85 and a beta of 0.82. The stock’s fifty day simple moving average is GBX 265.74 and its two-hundred day simple moving average is GBX 254.37. The company has a debt-to-equity ratio of 9.61, a quick ratio of 0.69 and a current ratio of 0.68.

Henderson Far East Income (LON:HFEL) last announced its quarterly earnings data on Wednesday, April 15th. The company reported GBX 8.69 earnings per share (EPS) for the quarter. The company had revenue of GBX 1,998 million during the quarter. Henderson Far East Income had a net margin of 92.44% and a return on equity of 28.74%.

About Henderson Far East Income

Henderson Far East Income aims to provide a high level of dividend as well as capital appreciation from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese and Indian stock markets. It makes investments in a diversified portfolio of securities issued by companies listed on stock exchanges in, or which are based in or the business activities are concentrated on the Asia Pacific region or by governments in the Asia Pacific region.