Henderson High Income Trust (LON:HHI) Hits New 12-Month High – Should You Buy?

Henderson High Income Trust plc (LON:HHIGet Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 189 ($2.55) and last traded at GBX 184 ($2.49), with a volume of 157488 shares traded. The stock had previously closed at GBX 183.50 ($2.48).

Henderson High Income Trust Stock Up 0.3%

The business has a 50-day moving average price of GBX 181.92 and a 200-day moving average price of GBX 175.03. The company has a market capitalization of £313.84 million, a price-to-earnings ratio of 1,207.35 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.

Henderson High Income Trust Company Profile

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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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