Henderson Far East Income (LON:HFEL) Stock Price Crosses Below Fifty Day Moving Average – What’s Next?

Shares of Henderson Far East Income (LON:HFEL) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 229.72 ($2.86) and traded as low as GBX 222.87 ($2.77). Henderson Far East Income shares last traded at GBX 224.50 ($2.79), with a volume of 316,675 shares trading hands.

Henderson Far East Income Trading Up 0.2 %

The company has a debt-to-equity ratio of 9.65, a quick ratio of 0.69 and a current ratio of 0.49. The business has a fifty day simple moving average of GBX 229.72 and a 200 day simple moving average of GBX 228.84. The stock has a market cap of £370.93 million, a price-to-earnings ratio of -3,212.64 and a beta of 0.60.

Henderson Far East Income Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, January 30th will be paid a dividend of GBX 6.20 ($0.08) per share. This represents a dividend yield of 2.66%. The ex-dividend date is Thursday, January 30th. Henderson Far East Income’s payout ratio is currently -35,714.29%.

Henderson Far East Income Company Profile

Henderson Far East Income aims to provide a high level of dividend as well as capital appreciation from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese and Indian stock markets. It makes investments in a diversified portfolio of securities issued by companies listed on stock exchanges in, or which are based in or the business activities are concentrated on the Asia Pacific region or by governments in the Asia Pacific region.