Henderson Far East Income (LON:HFEL) Sets New 1-Year High - Still a Buy?

Key Points

• Henderson Far East Income (LON:HFEL) shares reached a new 52-week high, trading at GBX 248 ($3.32) before closing at GBX 245 ($3.28) with a total volume of 921,699 shares.
• The company's market capitalization stands at £451.38 million, with a P/E ratio of 20.54, indicating a stable investment performance.
• Henderson Far East Income focuses on a diversified portfolio of investments in the Asia Pacific region, aiming to provide high dividends alongside capital appreciation.

Henderson Far East Income (LON:HFEL - ) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 248 ($3.32) and last traded at GBX 245 ($3.28), with a volume of 921699 shares traded. The stock had previously closed at GBX 244.50 ($3.28).

Henderson Far East Income Price Performance

The company has a market capitalization of £451.38 million, a P/E ratio of 20.54 and a beta of 0.60. The business's 50-day moving average price is GBX 237.40 and its two-hundred day moving average price is GBX 224.91.

About Henderson Far East Income

Henderson Far East Income aims to provide a high level of dividend as well as capital appreciation from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese and Indian stock markets. It makes investments in a diversified portfolio of securities issued by companies listed on stock exchanges in, or which are based in or the business activities are concentrated on the Asia Pacific region or by governments in the Asia Pacific region.

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