Henderson High Income Trust (LON:HHI) Shares Pass Below Fifty Day Moving Average – What’s Next?

Shares of Henderson High Income Trust plc (LON:HHI) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 197.87 and traded as low as GBX 190.50. Henderson High Income Trust shares last traded at GBX 194.50, with a volume of 213,537 shares.

Henderson High Income Trust Stock Up 1.1%

The firm has a market capitalization of £327.24 million, a price-to-earnings ratio of 7.60 and a beta of 1.29. The stock has a 50 day moving average of GBX 197.94 and a 200 day moving average of GBX 189.03. The company has a quick ratio of 0.21, a current ratio of 0.16 and a debt-to-equity ratio of 20.07.

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.