Henderson Far East Income (LON:HFEL) Shares Pass Below 50-Day Moving Average – What’s Next?

Henderson Far East Income (LON:HFEL) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 228.87 ($2.88) and traded as low as GBX 225.50 ($2.84). Henderson Far East Income shares last traded at GBX 227.50 ($2.86), with a volume of 74,336 shares.

Henderson Far East Income Trading Up 1.5 %

The stock’s fifty day moving average price is GBX 228.81 and its 200 day moving average price is GBX 230.86. The stock has a market cap of £381.01 million, a P/E ratio of -3,300.00 and a beta of 0.60. The company has a current ratio of 0.49, a quick ratio of 0.69 and a debt-to-equity ratio of 9.65.

Henderson Far East Income Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, October 24th were issued a GBX 6.20 ($0.08) dividend. This represents a yield of 2.67%. The ex-dividend date was Thursday, October 24th. Henderson Far East Income’s dividend payout ratio (DPR) is presently -35,714.29%.

Henderson Far East Income Company Profile

Henderson Far East Income Limited is a closed ended balanced mutual fund launched and managed by Henderson Investment Funds Limited. The fund is managed by Henderson Global Investors Limited. It invests in the public equity and fixed income markets of Pacific, Australasia, Japan, and India. The fund invests in stocks of companies operating across diversified sectors.