Henderson European Trust (LON:HET) Reaches New 1-Year High – Here’s Why

Shares of Henderson European Trust plc (LON:HET) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 194 ($2.60) and last traded at GBX 194 ($2.60), with a volume of 2580 shares traded. The stock had previously closed at GBX 193.60 ($2.59).

Henderson European Trust Price Performance

The company’s 50-day simple moving average is GBX 182.71 and its 200-day simple moving average is GBX 181.20. The stock has a market capitalization of £647.98 million, a price-to-earnings ratio of 574.72 and a beta of 0.87.

Henderson European Trust Company Profile

Henderson European Focus Trust plc is a closed-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 public equity markets of Continental Europe. It seeks to invest in stocks of companies operating across diversified sectors.