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Henderson Far East Income (LON:HFEL) Stock Passes Above Fifty Day Moving Average - Here's What Happened

Henderson Far East Income logo with Financial Services background

Shares of Henderson Far East Income (LON:HFEL - Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 212.60 ($2.86) and traded as high as GBX 223 ($3.00). Henderson Far East Income shares last traded at GBX 221 ($2.98), with a volume of 267,235 shares traded.

Henderson Far East Income Stock Up 0.6%

The stock has a fifty day moving average price of GBX 212.60 and a two-hundred day moving average price of GBX 220.01. The company has a market cap of £361.46 million, a price-to-earnings ratio of -35.04 and a beta of 0.60.

Henderson Far East Income (LON:HFEL - Get Free Report) last released its quarterly earnings results on Tuesday, April 15th. The company reported GBX 5.73 ($0.08) EPS for the quarter. Henderson Far East Income had a net margin of 589.91% and a negative return on equity of 2.82%.

Henderson Far East Income Company Profile

(Get Free Report)

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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