Henderson High Income Trust (LON:HHI) Hits New 12-Month High – Time to Buy?

Henderson High Income Trust plc (LON:HHI)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 210 and last traded at GBX 206, with a volume of 374618 shares trading hands. The stock had previously closed at GBX 209.

Henderson High Income Trust Stock Performance

The company has a debt-to-equity ratio of 23.55, a current ratio of 0.13 and a quick ratio of 0.21. The firm has a market cap of £349.21 million, a price-to-earnings ratio of 8.11 and a beta of 1.07. The firm has a fifty day simple moving average of GBX 194.89 and a two-hundred day simple moving average of GBX 187.48.

About Henderson High Income Trust

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.