Henderson High Income Trust (LON:HHI) Shares Pass Below 50-Day Moving Average - Time to Sell?

Key Points

• Shares passed below its 50-day moving average, trading as low as GBX 186.50 versus a 50-day MA of GBX 196.26 and last at GBX 191.49 on volume 526,026 — a potential technical sell signal.
• The trust posted quarterly EPS of GBX 11.28 with strong reported profitability (net margin 268.08% and ROE 17.99%), while trading at a P/E of 7.54, implying attractive valuation metrics.
• Henderson High Income Trust is a UK-focused investment trust that seeks high dividend income primarily from UK-listed ordinary shares, with roughly up to 20% of assets in non-UK listings.

Henderson High Income Trust plc (LON:HHI - Get Free Report) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 196.26 and traded as low as GBX 186.50. Henderson High Income Trust shares last traded at GBX 191.49, with a volume of 526,026 shares traded.

Henderson High Income Trust Stock Performance

The company has a market capitalization of £324.61 million, a P/E ratio of 7.54 and a beta of 1.29. The stock has a fifty day moving average of GBX 196.26 and a 200 day moving average of GBX 189.46.

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

Henderson High Income Trust Company Profile

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.

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