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

Henderson High Income Trust plc (LON:HHIGet Free Report)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty 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 Trading Down 2.5%

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

Henderson High Income Trust Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Henderson High Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Henderson High Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.