Henderson High Income Trust (LON:HHI) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Posted by James Quigley on Apr 10th, 2025

Henderson High Income Trust plc (LON:HHI – Get Free Report)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 166.45 ($2.13) and traded as low as GBX 150.50 ($1.92). Henderson High Income Trust shares last traded at GBX 151 ($1.93), with a volume of 416,614 shares traded.

Henderson High Income Trust Stock Up 6.0 %

The company has a quick ratio of 0.21, a current ratio of 0.13 and a debt-to-equity ratio of 23.55. The company has a market capitalization of £276.49 million, a P/E ratio of 8.13 and a beta of 1.07. The firm has a fifty day simple moving average of GBX 166.45 and a 200-day simple moving average of GBX 164.24.

Henderson High Income Trust (LON:HHI – Get Free Report) last posted its quarterly earnings data on Thursday, March 27th. The company reported GBX 10.74 ($0.14) earnings per share for the quarter. Henderson High Income Trust had a return on equity of 12.66% and a net margin of 86.35%.

Henderson High Income Trust Increases Dividend

The firm also recently disclosed a dividend, which was paid on Sunday, April 6th. Stockholders of record on Thursday, April 3rd were given a GBX 7.15 ($0.09) dividend. This represents a dividend yield of 2.68%. This is a boost from Henderson High Income Trust’s previous dividend of $5.50. The ex-dividend date of this dividend was Thursday, April 3rd. Henderson High Income Trust’s dividend payout ratio (DPR) is presently 55.86%.

Insider Activity

In other news, insider Preeti Rathi bought 12,000 shares of the stock in a transaction dated Wednesday, April 2nd. The shares were bought at an average price of GBX 169 ($2.16) per share, for a total transaction of £20,280 ($25,913.62). Insiders own 4.39% of the company’s stock.

About Henderson High Income Trust

(Get Free Report)

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.