Henderson High Income Trust (LON:HHI) Sets New 52-Week High – What’s Next?

Shares of Henderson High Income Trust plc (LON:HHIGet Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 210 and last traded at GBX 208, with a volume of 223676 shares. The stock had previously closed at GBX 206.

Henderson High Income Trust Price Performance

The stock has a fifty day moving average of GBX 199.21 and a 200-day moving average of GBX 196.86. The company has a quick ratio of 0.21, a current ratio of 0.14 and a debt-to-equity ratio of 19.04. The firm has a market capitalization of £352.60 million, a P/E ratio of 5.91 and a beta of 1.27.

About Henderson High Income Trust

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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.

Further Reading

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