Henderson Far East Income (LON:HFEL) Reaches New 52-Week High – Should You Buy?

Henderson Far East Income (LON:HFEL) hit a new 52-week high on Tuesday . The company traded as high as GBX 264.50 and last traded at GBX 263.50, with a volume of 789655 shares trading hands. The stock had previously closed at GBX 263.50.

Henderson Far East Income Trading Up 1.3%

The stock’s 50-day moving average is GBX 248.58 and its 200-day moving average is GBX 242.12. The stock has a market cap of £539.28 million, a P/E ratio of 10.38 and a beta of 0.60.

Henderson Far East Income Company Profile

Henderson Far East Income aims to provide a high level of dividend as well as capital appreciation from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese and Indian stock markets. It makes investments in a diversified portfolio of securities issued by companies listed on stock exchanges in, or which are based in or the business activities are concentrated on the Asia Pacific region or by governments in the Asia Pacific region.