Henderson European Trust (LON:HET) Trading Up 0.9% – What’s Next?

Henderson European Trust plc (LON:HET)’s share price rose 0.9% during trading on Thursday . The stock traded as high as GBX 177 ($2.30) and last traded at GBX 177 ($2.30). Approximately 287,140 shares changed hands during trading, a decline of 59% from the average daily volume of 702,142 shares. The stock had previously closed at GBX 175.50 ($2.28).

Henderson European Trust Price Performance

The stock has a market capitalization of £585.65 million, a P/E ratio of 520.59 and a beta of 0.87. The firm’s fifty day moving average price is GBX 177.04.

Insiders Place Their Bets

In other Henderson European Trust news, insider Marco Bianconi acquired 1,000 shares of the business’s stock in a transaction dated Wednesday, October 16th. The stock was bought at an average price of GBX 173 ($2.25) per share, with a total value of £1,730 ($2,252.02). In related news, insider Marco Bianconi bought 1,000 shares of the stock in a transaction dated Wednesday, October 16th. The stock was bought at an average price of GBX 173 ($2.25) per share, with a total value of £1,730 ($2,252.02). Also, insider Melanie Blake bought 2,781 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The shares were bought at an average price of GBX 180 ($2.34) per share, with a total value of £5,005.80 ($6,516.27). Insiders own 5.36% of the company’s stock.

About Henderson European Trust

Henderson European Focus 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 public equity markets of Continental Europe. It seeks to invest in stocks of companies operating across diversified sectors.