Henderson High Income Trust (LON:HHI) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Shares of Henderson High Income Trust plc (LON:HHI) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 165.87 ($2.15) and traded as low as GBX 161 ($2.09). Henderson High Income Trust shares last traded at GBX 164 ($2.13), with a volume of 328,221 shares traded.

Henderson High Income Trust Trading Up 0.3 %

The company has a debt-to-equity ratio of 23.55, a current ratio of 0.14 and a quick ratio of 0.21. The company has a market cap of £280.59 million, a PE ratio of 708.70 and a beta of 1.07. The company’s 50 day simple moving average is GBX 165.79 and its two-hundred day simple moving average is GBX 162.65.

Insiders Place Their Bets

In related news, insider Francesca Ecsery bought 2,945 shares of the stock in a transaction on Friday, September 27th. The stock was bought at an average price of GBX 169 ($2.19) per share, with a total value of £4,977.05 ($6,462.02). 4.39% of the stock is currently owned by insiders.

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.