Henderson European Trust (LON:HET) Reaches New 12-Month Low – What’s Next?

Henderson European Trust plc (LON:HET) reached a new 52-week low on Tuesday . The stock traded as low as GBX 172 ($2.25) and last traded at GBX 172.50 ($2.25), with a volume of 508858 shares trading hands. The stock had previously closed at GBX 176 ($2.30).

Henderson European Trust Stock Up 0.9 %

The stock has a fifty day simple moving average of GBX 179.33. The stock has a market capitalization of £575.34 million, a PE ratio of 508.82 and a beta of 0.87.

Insider Transactions at Henderson European Trust

In related news, insider Marco Bianconi purchased 1,000 shares of the business’s stock in a transaction dated Wednesday, October 16th. The stock was bought at an average cost of GBX 173 ($2.26) per share, with a total value of £1,730 ($2,259.08). In other news, insider Melanie Blake bought 2,781 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The shares were acquired at an average cost of GBX 180 ($2.35) per share, with a total value of £5,005.80 ($6,536.69). Also, insider Marco Bianconi acquired 1,000 shares of the business’s stock in a transaction dated Wednesday, October 16th. The stock was purchased at an average price of GBX 173 ($2.26) per share, for a total transaction of £1,730 ($2,259.08). Corporate insiders own 5.36% of the company’s stock.

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.