Henderson Far East Income (LON:HFEL) Hits New 12-Month Low – Here’s Why

Henderson Far East Income (LON:HFEL) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 206.75 and last traded at GBX 261.46, with a volume of 1930000 shares trading hands. The stock had previously closed at GBX 263.

Henderson Far East Income Trading Up 0.8%

The company has a debt-to-equity ratio of 9.61, a current ratio of 0.68 and a quick ratio of 0.69. The stock’s 50 day moving average is GBX 261.91 and its 200-day moving average is GBX 252.39. The company has a market capitalization of £553.38 million, a P/E ratio of 3.65 and a beta of 0.82.

Henderson Far East Income (LON:HFEL) last posted its quarterly earnings data on Wednesday, April 15th. The company reported GBX 8.69 earnings per share for the quarter. Henderson Far East Income had a return on equity of 28.74% and a net margin of 92.44%.The business had revenue of GBX 1,998 million for the quarter.

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.