Henderson High Income Trust (LON:HHI) Hits New 12-Month High – Time to Buy?

Henderson High Income Trust plc (LON:HHI)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 210 and last traded at GBX 206, with a volume of 374618 shares changing hands. The stock had previously closed at GBX 209.

Henderson High Income Trust Trading Down 1.4%

The stock has a market capitalization of £349.21 million, a P/E ratio of 8.11 and a beta of 1.07. The stock’s 50 day moving average price is GBX 194.89 and its 200-day moving average price is GBX 187.48. The company has a quick ratio of 0.21, a current ratio of 0.13 and a debt-to-equity ratio of 23.55.

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.