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

Henderson Far East Income logo with Financial Services background

Key Points

  • Henderson Far East Income's stock price fell below its fifty day moving average of GBX 225.17, trading as low as GBX 224.50 on Friday.
  • The company has a market capitalization of £365.64 million and a P/E ratio of -35.44, indicating challenges in profitability.
  • Henderson Far East Income focuses on providing high dividend yields and capital appreciation through a diversified portfolio of investments in the Asia Pacific region.
  • Five stocks to consider instead of Henderson Far East Income.

Henderson Far East Income (LON:HFEL - Get Free Report)'s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 225.17 ($2.99) and traded as low as GBX 224.50 ($2.98). Henderson Far East Income shares last traded at GBX 225 ($2.99), with a volume of 460,691 shares.

Henderson Far East Income Price Performance

The firm's fifty day simple moving average is GBX 225.76 and its 200 day simple moving average is GBX 219.88. The company has a market capitalization of £371.33 million, a PE ratio of -35.99 and a beta of 0.60.

About Henderson Far East Income

(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.

See Also

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