Henderson High Income Trust (LON:HHI) Stock Price Passes Below 50 Day Moving Average – Time to Sell?

by · The Markets Daily

Henderson High Income Trust plc (LON:HHIGet Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 196.26 and traded as low as GBX 186.50. Henderson High Income Trust shares last traded at GBX 191.49, with a volume of 526,026 shares traded.

Henderson High Income Trust Stock Performance

The business has a 50 day simple moving average of GBX 196.21 and a 200-day simple moving average of GBX 189.53. The firm has a market cap of £324.61 million, a price-to-earnings ratio of 7.54 and a beta of 1.29.

Henderson High Income Trust (LON:HHIGet Free Report) last issued its quarterly earnings data on Thursday, March 26th. The company reported GBX 11.28 EPS for the quarter. Henderson High Income Trust had a return on equity of 17.99% and a net margin of 268.08%.

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. 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.

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