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

Henderson High Income Trust plc (LON:HHI) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 196.33 and traded as low as GBX 194. Henderson High Income Trust shares last traded at GBX 198.50, with a volume of 323,955 shares.

Henderson High Income Trust Stock Performance

The company’s fifty day moving average is GBX 196.70 and its 200 day moving average is GBX 194.25. The company has a market capitalization of £336.05 million, a P/E ratio of 5.64 and a beta of 1.27. The company has a current ratio of 0.14, a quick ratio of 0.21 and a debt-to-equity ratio of 19.04.

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

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.