Henderson High Income Trust (LON:HHI) Stock Price Up 0.3% - Still a Buy?

Key Points

• Henderson High Income Trust plc's stock price increased by 0.3% to GBX 180.48 ($2.38), with trading volume up 39% compared to the average daily volume.
• The Trust has a market capitalization of £311.87 million, a P/E ratio of 9.16, and significant debt with a debt-to-equity ratio of 23.55.
• Henderson High Income Trust focuses on investing in a diversified selection of companies to deliver high dividend income and potential capital growth, holding a majority of assets in ordinary shares of listed companies.

Shares of Henderson High Income Trust plc (LON:HHI - ) rose 0.3% on Thursday . The company traded as high as GBX 184 ($2.43) and last traded at GBX 180.48 ($2.38). Approximately 332,364 shares were traded during trading, an increase of 39% from the average daily volume of 239,180 shares. The stock had previously closed at GBX 180 ($2.38).

Henderson High Income Trust Stock Performance

The business has a 50-day moving average of GBX 179.93 and a two-hundred day moving average of GBX 171.49. The company has a market cap of £311.87 million, a P/E ratio of 9.16 and a beta of 1.07. The company has a debt-to-equity ratio of 23.55, a current ratio of 0.13 and a quick ratio of 0.21.

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.

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