Henderson European Trust (LON:HET) Trading Down 0.2% - Here's What Happened

Key Points

• Henderson European Trust plc (LON:HET) experienced a decline in stock price, trading down 0.2% to GBX 200.59 ($2.72) with a significant drop in trading volume.
• The company's latest earnings report showed an EPS of GBX 1.05, a return on equity of 17.54%, and an impressive net margin of 95.15%.
• Henderson European Trust focuses on investments in public equity markets of Continental Europe, managed by Henderson Investment Funds Limited.

Henderson European Trust plc (LON:HET - Get Free Report) dropped 0.2% during mid-day trading on Wednesday . The stock traded as low as GBX 200.59 ($2.74) and last traded at GBX 200.59 ($2.74). Approximately 214,886 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 509,674 shares. The stock had previously closed at GBX 201 ($2.74).

Henderson European Trust Price Performance

The company has a market capitalization of £621.31 million, a P/E ratio of -1,942.03 and a beta of 0.87. The company has a 50 day moving average of GBX 203.84 and a 200-day moving average of GBX 193.47.

Henderson European Trust (LON:HET - Get Free Report) last released its quarterly earnings data on Monday, June 30th. The company reported GBX 1.05 earnings per share for the quarter. Henderson European Trust had a return on equity of 17.54% and a net margin of 95.15%.

Henderson European Trust Company Profile

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.