Henderson High Income Trust (LON:HHI) Stock Crosses Above 50 Day Moving Average – What’s Next?

Shares of Henderson High Income Trust plc (LON:HHI) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 166.24 ($2.22) and traded as high as GBX 167.50 ($2.24). Henderson High Income Trust shares last traded at GBX 165.25 ($2.21), with a volume of 123,298 shares trading hands.

Henderson High Income Trust Stock Performance

The firm has a market cap of £284.46 million, a P/E ratio of 972.06 and a beta of 1.06. The company has a debt-to-equity ratio of 22.72, a quick ratio of 0.21 and a current ratio of 0.13. The stock’s 50-day moving average is GBX 166.24 and its 200 day moving average is GBX 161.94.

Insider Buying and Selling at Henderson High Income Trust

In other Henderson High Income Trust news, insider Francesca Ecsery acquired 2,945 shares of the business’s stock in a transaction dated Friday, September 27th. The shares were acquired at an average price of GBX 169 ($2.26) per share, for a total transaction of £4,977.05 ($6,657.37). Insiders own 4.39% of the company’s stock.

About Henderson High Income Trust

Henderson High Income Trust plc is a close-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.