Henderson Far East Income (LON:HFEL) Shares Cross Above 50-Day Moving Average - Here's What Happened

Henderson Far East Income (LON:HFEL - Get Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 209.58 ($2.85) and traded as high as GBX 224 ($3.05). Henderson Far East Income shares last traded at GBX 222.50 ($3.03), with a volume of 1,040,783 shares trading hands.

Henderson Far East Income Stock Performance

The firm has a 50 day moving average price of GBX 209.58 and a two-hundred day moving average price of GBX 220.25. The company has a market cap of £359.14 million, a P/E ratio of -34.81 and a beta of 0.60.

Henderson Far East Income (LON:HFEL - Get Free Report) last posted its earnings results on Tuesday, April 15th. The company reported GBX 5.73 ($0.08) earnings per share 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

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.