Henderson EuroTrust (LON:HNE) Share Price Passes Above 50 Day Moving Average – Here’s Why

Henderson EuroTrust (LON:HNE)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 157 ($2.04) and traded as high as GBX 158.32 ($2.05). Henderson EuroTrust shares last traded at GBX 157 ($2.04), with a volume of 88,218 shares trading hands.

Henderson EuroTrust Trading Down 0.2 %

The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.54 and a current ratio of 0.48. The firm has a 50 day simple moving average of GBX 157 and a two-hundred day simple moving average of GBX 158.80. The firm has a market capitalization of £332.62 million, a P/E ratio of 1,207.69 and a beta of 0.88.

About Henderson EuroTrust

Henderson EuroTrust 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 the public equity markets of Continental Europe, with an emphasis on Western Europe. It seeks to invest in stocks of companies operating across diversified sectors.