Henderson High Income Trust (LON:HHI) Stock Passes Below Fifty Day Moving Average of $161.36

Henderson High Income Trust plc (LON:HHI) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 161.36 ($2.04) and traded as low as GBX 155.38 ($1.97). Henderson High Income Trust shares last traded at GBX 156 ($1.97), with a volume of 152,248 shares.

Henderson High Income Trust Price Performance

The company’s 50-day moving average is GBX 161.36 and its 200-day moving average is GBX 157.38. The company has a debt-to-equity ratio of 22.72, a current ratio of 0.13 and a quick ratio of 0.21. The firm has a market capitalization of £268.54 million, a price-to-earnings ratio of 917.65 and a beta of 1.02.

Henderson High Income Trust Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, July 26th. Investors of record on Thursday, June 13th will be issued a GBX 2.63 ($0.03) dividend. The ex-dividend date is Thursday, June 13th. This represents a yield of 1.58%. Henderson High Income Trust’s payout ratio is 6,470.59%.

About Henderson High Income Trust

Henderson High Income Trust plc is a close-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.