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Henderson European Trust (LON:HET) Reaches New 1-Year Low - Time to Sell?

Henderson European Trust logo with Financial Services background

Shares of Henderson European Trust plc (LON:HET - Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 170.60 ($2.14) and last traded at GBX 170.60 ($2.14), with a volume of 695655 shares trading hands. The stock had previously closed at GBX 173 ($2.17).

Henderson European Trust Trading Down 1.2 %

The company has a 50-day moving average of GBX 176.76. The company has a market capitalization of £567.05 million, a PE ratio of 501.76 and a beta of 0.87.

Insider Buying and Selling

In related news, insider Marco Bianconi acquired 1,000 shares of the business's stock in a transaction that occurred on Wednesday, October 16th. The stock was purchased at an average cost of GBX 173 ($2.17) per share, for a total transaction of £1,730 ($2,174.73). Corporate insiders own 5.36% of the company's stock.

About Henderson European Trust

(Get Free Report)

Henderson European Focus Trust 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 public equity markets of Continental Europe. It seeks to invest in stocks of companies operating across diversified sectors.

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