Henderson High Income Trust (LON:HHI) Shares Cross Below 50-Day Moving Average of $171.26

Henderson High Income Trust plc (LON:HHI – Get Rating)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 171.26 ($2.13) and traded as low as GBX 166 ($2.06). Henderson High Income Trust shares last traded at GBX 166 ($2.06), with a volume of 117,424 shares.

Henderson High Income Trust Price Performance

The firm has a market capitalization of £218.71 million, a price-to-earnings ratio of -1,872.22 and a beta of 1.01. The company’s 50 day moving average is GBX 171.39 and its 200-day moving average is GBX 170.36. The company has a current ratio of 0.16, a quick ratio of 0.21 and a debt-to-equity ratio of 22.87.

Henderson High Income Trust Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, July 28th. Shareholders of record on Thursday, June 15th will be given a dividend of GBX 2.58 ($0.03) per share. The ex-dividend date is Thursday, June 15th. This represents a yield of 1.48%. Henderson High Income Trust’s dividend payout ratio (DPR) is presently -11,111.11%.

Henderson High Income Trust Company Profile

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Henderson High Income Trust plc is a close-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.