Henderson High Income Trust (LON:HHI) Share Price Crosses Below 50 Day Moving Average - Time to Sell?

Key Points

• Shares dipped below the 50‑day moving average intraday, trading as low as GBX 193 versus a 50‑day MA of GBX 193.88, with 160,583 shares changing hands (last quoted GBX 197.50).
• The trust has a market cap of £335.26m, a low P/E of 5.62 and beta 1.27, but very low liquidity ratios (quick ratio 0.21, current ratio 0.14) and a high debt‑to‑equity of 19.04.
• Recent results showed quarterly EPS of GBX 11.28, a return on equity of 17.99% and a reported net margin of 268.08%; the vehicle is a UK‑focused investment trust targeting high dividend income with up to ~20% non‑UK assets.

Shares of Henderson High Income Trust plc (LON:HHI - Get Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 193.88 and traded as low as GBX 193. Henderson High Income Trust shares last traded at GBX 197.50, with a volume of 160,583 shares changing hands.

Henderson High Income Trust Stock Performance

The business has a fifty day simple moving average of GBX 193.88 and a two-hundred day simple moving average of GBX 191.83. The company has a quick ratio of 0.21, a current ratio of 0.14 and a debt-to-equity ratio of 19.04. The company has a market cap of £335.26 million, a P/E ratio of 5.62 and a beta of 1.27.

Henderson High Income Trust (LON:HHI - Get Free Report) last posted its earnings results on Thursday, March 26th. The company reported GBX 11.28 earnings per share for the quarter. Henderson High Income Trust had a return on equity of 17.99% and a net margin of 268.08%.

About Henderson High Income Trust

Henderson High Income Trust plc is a United Kingdom-based investment trust. The Trust invests in a diversified selection of companies to provide investors with a high dividend income stream, while also maintaining the prospect of capital growth. A substantial majority of the trust's assets are invested in ordinary shares of listed companies with the balance in listed fixed interest stocks. The Trust invests predominantly in companies listed in the United Kingdom and does not expect to invest more than approximately 20% of total assets in non-United Kingdom listed companies.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.