Henderson High Income Trust (LON:HHI) Share Price Crosses Below 50-Day Moving Average – Here’s What Happened

Henderson High Income Trust plc (LON:HHI) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 197.74 and traded as low as GBX 182. Henderson High Income Trust shares last traded at GBX 182.27, with a volume of 232,515 shares trading hands.

Henderson High Income Trust Stock Performance

The company has a 50 day simple moving average of GBX 197.74 and a 200-day simple moving average of GBX 189.22. The company has a debt-to-equity ratio of 20.07, a current ratio of 0.16 and a quick ratio of 0.21. The stock has a market cap of £308.98 million, a P/E ratio of 7.17 and a beta of 1.29.

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.