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

Key Points

• Henderson Far East Income (LON: HFEL) shares hit a new 52-week high at GBX 247 ($3.32) during trading on Wednesday.
• The company focuses on providing high dividends and capital appreciation through a diversified portfolio of investments in the Asia Pacific region.
• As of now, the firm has a market cap of £452.30 million and a price-to-earnings ratio of 2,057.84.

Henderson Far East Income (LON:HFEL - )'s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 247 ($3.32) and last traded at GBX 245.50 ($3.30), with a volume of 1109571 shares changing hands. The stock had previously closed at GBX 245.50 ($3.30).

Henderson Far East Income Stock Performance

The stock's fifty day moving average price is GBX 234.67 and its 200-day moving average price is GBX 223.19. The firm has a market cap of £452.30 million, a price-to-earnings ratio of 2,057.84 and a beta of 0.60.

Henderson Far East Income Company Profile

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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