Henderson High Income Trust (LON:HHI) Stock Price Up 0.7% - Here's Why

Key Points

• Henderson High Income Trust's stock price increased by 0.7%, reaching GBX 182 ($2.43), with a trading volume that was 31% higher than the daily average.
• The company reported a net margin of 86.35% and a return on equity of 12.66% in its latest quarterly earnings, showcasing strong financial performance.
• Henderson High Income Trust has a market capitalization of £309.26 million and maintains a P/E ratio of 7.16, indicating potentially attractive valuation metrics.

Henderson High Income Trust plc (LON:HHI - Get Free Report)'s stock price was up 0.7% during trading on Tuesday . The company traded as high as GBX 182.73 ($2.44) and last traded at GBX 182 ($2.43). Approximately 304,772 shares changed hands during mid-day trading, an increase of 31% from the average daily volume of 233,346 shares. The stock had previously closed at GBX 180.75 ($2.42).

Henderson High Income Trust Price Performance

The company has a market capitalization of £309.26 million, a P/E ratio of 7.16 and a beta of 1.07. The company has a quick ratio of 0.21, a current ratio of 0.13 and a debt-to-equity ratio of 23.55. The business's 50-day moving average is GBX 182.03 and its two-hundred day moving average is GBX 177.87.

Henderson High Income Trust (LON:HHI - Get Free Report) last posted its quarterly earnings results on Friday, September 12th. The company reported GBX 6.64 earnings per share (EPS) for the quarter. Henderson High Income Trust had a net margin of 86.35% and a return on equity of 12.66%.

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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