Henderson High Income Trust (LON:HHI) Trading 0.3% Higher - What's Next?

Key Points

• Henderson High Income Trust's shares rose by 0.3%, with a trading price reaching GBX 180 ($2.42) during mid-day trading, exceeding the average daily volume by 11% with approximately 258,028 shares traded.
• The company reported a quarterly earnings per share of GBX 6.64 and boasts a significant net margin of 86.35% along with a return on equity of 12.66%.
• Henderson High Income Trust primarily invests in ordinary shares of listed companies, aiming to provide investors with a high dividend income stream and potential capital growth.

Shares of Henderson High Income Trust plc (LON:HHI - Get Free Report) were up 0.3% during mid-day trading on Tuesday . The stock traded as high as GBX 181 ($2.43) and last traded at GBX 180 ($2.42). Approximately 258,028 shares changed hands during mid-day trading, an increase of 11% from the average daily volume of 231,531 shares. The stock had previously closed at GBX 179.50 ($2.41).

Henderson High Income Trust Stock Up 0.3%

The business has a 50-day moving average of GBX 181.79 and a 200 day moving average of GBX 176.46. The company has a market capitalization of £306.21 million, a PE ratio of 1,181.10 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.

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

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.

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