Henderson Far East Income (LON:HFEL) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Henderson Far East Income (LON:HFEL – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 260.33 and traded as high as GBX 263.50. Henderson Far East Income shares last traded at GBX 263, with a volume of 2,039,199 shares traded.

Henderson Far East Income Stock Performance

The company has a debt-to-equity ratio of 9.61, a current ratio of 0.68 and a quick ratio of 0.69. The stock has a fifty day moving average price of GBX 264.21 and a two-hundred day moving average price of GBX 260.38. The company has a market cap of £581.06 million, a P/E ratio of 3.43 and a beta of 0.52.

Henderson Far East Income Company Profile

(Get Free Report)

Henderson Far East Income aims to provide a high level of dividend as well as capital appreciation from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese and Indian stock markets. It makes investments in a diversified portfolio of securities issued by companies listed on stock exchanges in, or which are based in or the business activities are concentrated on the Asia Pacific region or by governments in the Asia Pacific region.

Further Reading

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