Henderson High Income Trust (LON:HHI) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Shares of Henderson High Income Trust plc (LON:HHI) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 163.47 ($2.02) and traded as high as GBX 165 ($2.04). Henderson High Income Trust shares last traded at GBX 164.50 ($2.04), with a volume of 234,281 shares traded.

Henderson High Income Trust Stock Performance

The stock has a market capitalization of £284.03 million, a price-to-earnings ratio of 717.39 and a beta of 1.07. The company’s fifty day simple moving average is GBX 163.29 and its 200 day simple moving average is GBX 163.47. The company has a quick ratio of 0.21, a current ratio of 0.14 and a debt-to-equity ratio of 23.55.

Henderson High Income Trust Dividend Announcement

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

About Henderson High Income Trust

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.