Henderson Far East Income (LON:HFEL) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Henderson Far East Income (LON:HFEL) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 229.43 ($2.83) and traded as high as GBX 238 ($2.93). Henderson Far East Income shares last traded at GBX 237 ($2.92), with a volume of 385,213 shares changing hands.

Henderson Far East Income Trading Down 0.5 %

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 firm has a market capitalization of £388.99 million, a P/E ratio of -3,369.14 and a beta of 0.60. The firm has a 50 day moving average price of GBX 229.43 and a two-hundred day moving average price of GBX 230.14.

Henderson Far East Income (LON:HFEL) last released its quarterly earnings results on Thursday, November 7th. The company reported GBX 27.83 ($0.34) earnings per share (EPS) 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.