Henderson High Income Trust (LON:HHI) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Shares of Henderson High Income Trust plc (LON:HHI) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 163.47 ($2.03) and traded as high as GBX 165 ($2.05). Henderson High Income Trust shares last traded at GBX 164.50 ($2.04), with a volume of 234,281 shares changing hands.

Henderson High Income Trust Stock Performance

The stock has a market cap of £282.31 million, a price-to-earnings ratio of 713.04 and a beta of 1.07. The company has a debt-to-equity ratio of 23.55, a current ratio of 0.14 and a quick ratio of 0.21. The firm has a fifty day moving average of GBX 163.30 and a 200 day moving average of GBX 163.52.

Henderson High Income Trust Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, December 12th will be issued a dividend of GBX 2.68 ($0.03) per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a dividend yield of 1.63%. Henderson High Income Trust’s dividend payout ratio is presently 4,782.61%.

Henderson High Income Trust Company Profile

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.