Henderson Opportunities (LON:HOT) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Henderson Opportunities (LON:HOT) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 213.90 ($2.78) and traded as high as GBX 215 ($2.79). Henderson Opportunities shares last traded at GBX 210.50 ($2.73), with a volume of 199,787 shares changing hands.

Henderson Opportunities Price Performance

The business has a 50-day simple moving average of GBX 213.90 and a 200 day simple moving average of GBX 217.99. The firm has a market cap of £84.51 million, a P/E ratio of 7,016.67 and a beta of 1.24. The company has a debt-to-equity ratio of 11.78, a quick ratio of 0.12 and a current ratio of 0.24.

Henderson Opportunities Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 14th will be given a dividend of GBX 1.50 ($0.02) per share. 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.