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

Key Points

• The stock of Henderson Far East Income reached a new 52-week high at GBX 243 ($3.31) with a recent trading volume of 599,682 shares.
• The company focuses on providing a high level of dividend and capital appreciation through a diversified portfolio in the Asia Pacific region.
• Henderson Far East Income has a market capitalization of £442 million and a notably high price-to-earnings ratio of 2,028.50.

Shares of Henderson Far East Income (LON:HFEL - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 243 ($3.28) and last traded at GBX 242 ($3.27), with a volume of 599682 shares trading hands. The stock had previously closed at GBX 241 ($3.26).

Henderson Far East Income Trading Up 0.4%

The stock has a market capitalization of £442.91 million, a P/E ratio of 2,032.69 and a beta of 0.60. The firm's fifty day moving average is GBX 232.37 and its 200-day moving average is GBX 221.18.

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.