Henderson Opportunities (LON:HOT) Share Price Passes Below 50-Day Moving Average – What’s Next?

Henderson Opportunities (LON:HOT)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 214.21 ($2.80) and traded as low as GBX 211.61 ($2.76). Henderson Opportunities shares last traded at GBX 214.50 ($2.80), with a volume of 109,558 shares.

Henderson Opportunities Trading Down 1.6 %

The company’s fifty day simple moving average is GBX 214.21 and its 200-day simple moving average is GBX 217.89. The firm has a market capitalization of £83.32 million, a PE ratio of 7,150.00 and a beta of 1.24. The company has a debt-to-equity ratio of 11.78, a current ratio of 0.24 and a quick ratio of 0.12.

Henderson Opportunities Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, December 13th. Investors of record on Thursday, November 14th will be issued a GBX 1.50 ($0.02) dividend. This represents a yield of 0.71%. The ex-dividend date is Thursday, November 14th. Henderson Opportunities’s payout ratio is 23,333.33%.

About Henderson Opportunities

Henderson Opportunities Trust plc is a closed-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.