Henderson Smaller Companies (LON:HSL) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Henderson Smaller Companies (LON:HSL)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 873.29 ($11.34) and traded as low as GBX 832 ($10.80). Henderson Smaller Companies shares last traded at GBX 832 ($10.80), with a volume of 77,469 shares traded.

Henderson Smaller Companies Price Performance

The stock has a market cap of £621.59 million, a PE ratio of 665.60 and a beta of 1.27. The business’s 50-day simple moving average is GBX 873.29 and its 200-day simple moving average is GBX 865.60. The company has a quick ratio of 0.20, a current ratio of 0.37 and a debt-to-equity ratio of 14.12.

Henderson Smaller Companies Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, October 7th. Investors of record on Thursday, August 29th were paid a GBX 19.50 ($0.25) dividend. The ex-dividend date was Thursday, August 29th. This is a boost from Henderson Smaller Companies’s previous dividend of $7.50. This represents a dividend yield of 2%. Henderson Smaller Companies’s dividend payout ratio (DPR) is presently 2,160.00%.

Henderson Smaller Companies Company Profile

The Henderson Smaller Companies Investment 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.