Henderson High Income Trust (LON:HHI) Reaches New 52-Week High – Time to Buy?

Henderson High Income Trust plc (LON:HHIGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 189 and last traded at GBX 187, with a volume of 99220 shares. The stock had previously closed at GBX 185.50.

Henderson High Income Trust Stock Up 0.8%

The firm has a market capitalization of £317.04 million, a PE ratio of 7.36 and a beta of 1.07. The company has a fifty day moving average price of GBX 182.22 and a 200-day moving average price of GBX 179.95. The company has a debt-to-equity ratio of 23.55, a quick ratio of 0.21 and a current ratio of 0.13.

Henderson High Income Trust (LON:HHIGet Free Report) last issued its quarterly earnings data on Friday, September 12th. The company reported GBX 6.64 earnings per share (EPS) for the quarter. Henderson High Income Trust had a return on equity of 12.66% and a net margin of 86.35%.

Henderson High Income Trust Company Profile

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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.

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