Henderson Far East Income (LON:HFEL) Reaches New 12-Month High – Should You Buy?

Henderson Far East Income (LON:HFEL)’s share price hit a new 52-week high on Tuesday . The stock traded as high as GBX 256.50 and last traded at GBX 255.50, with a volume of 1663984 shares trading hands. The stock had previously closed at GBX 253.

Henderson Far East Income Stock Down 3.3%

The company has a 50 day simple moving average of GBX 242.18 and a 200-day simple moving average of GBX 239.04. The stock has a market cap of £475.39 million, a price-to-earnings ratio of 9.38 and a beta of 0.60.

Henderson Far East Income (LON:HFEL) last issued its quarterly earnings results on Tuesday, November 11th. The company reported GBX 24.98 earnings per share for the quarter. Henderson Far East Income had a negative return on equity of 2.82% and a net margin of 589.91%.

Insider Buying and Selling at Henderson Far East Income

In other Henderson Far East Income news, insider Steven Wilderspin bought 4,250 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were bought at an average cost of GBX 244 per share, with a total value of £10,370. Company insiders own 0.20% of the company’s stock.

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.