Henderson Far East Income (LON:HFEL) Sets New 52-Week High - What's Next?

Key Points

• Henderson Far East Income's stock reached a new 52-week high of GBX 241 ($3.26) during trading, with a trading volume of over 1 million shares.
• The company has a market capitalization of £440.17 million and an exceptionally high P/E ratio of 2,020.12.
• Henderson Far East Income focuses on delivering high dividends and capital appreciation through a diversified portfolio of investments in the Asia Pacific region.

Henderson Far East Income (LON:HFEL - )'s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 241 ($3.26) and last traded at GBX 241 ($3.26), with a volume of 1104708 shares changing hands. The stock had previously closed at GBX 236.50 ($3.20).

Henderson Far East Income Stock Performance

The company has a market cap of £440.17 million, a P/E ratio of 2,020.12 and a beta of 0.60. The stock's fifty day moving average price is GBX 230.86 and its two-hundred day moving average price is GBX 220.29.

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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