Henderson High Income Trust (LON:HHI) Hits New 52-Week High – Still a Buy?

Henderson High Income Trust plc (LON:HHI)’s stock price reached a new 52-week high on Thursday. The stock traded as high as GBX 214.80 and last traded at GBX 214, with a volume of 276,123 shares. The stock had previously closed at GBX 211.

Henderson High Income Trust Trading Up 1.4%

The firm’s 50-day moving average is GBX 204.59 and its 200 day moving average is GBX 200.32. The company has a current ratio of 0.19, a quick ratio of 0.21 and a debt-to-equity ratio of 20.28. The firm has a market capitalization of £362.77 million, a price-to-earnings ratio of 7.98 and a beta of 1.27.

Henderson High Income Trust (LON:HHI) last released its quarterly earnings results on Wednesday, September 9th. The company reported GBX 6.64 earnings per share (EPS) for the quarter. Henderson High Income Trust had a net margin of 580.23% and a return on equity of 13.14%.

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.