Henderson European Trust (LON:HET) Stock Price Up 0.9% - Here's Why

Henderson European Trust plc (LON:HET - Get Free Report)'s stock price shot up 0.9% during mid-day trading on Thursday . The company traded as high as GBX 177 ($2.30) and last traded at GBX 177 ($2.30). 287,140 shares were traded during trading, a decline of 59% from the average session volume of 702,142 shares. The stock had previously closed at GBX 175.50 ($2.28).

Henderson European Trust Stock Down 0.8 %

The stock has a market cap of £581.98 million, a P/E ratio of 519.44 and a beta of 0.87. The business has a 50 day simple moving average of GBX 177.04.

Insider Buying and Selling

In other news, insider Marco Bianconi acquired 1,000 shares of the company's stock in a transaction on Wednesday, October 16th. The shares were bought at an average price of GBX 173 ($2.25) per share, with a total value of £1,730 ($2,252.02). In related news, insider Melanie Blake acquired 2,781 shares of the firm's stock in a transaction on Tuesday, August 13th. The stock was bought at an average cost of GBX 180 ($2.34) per share, with a total value of £5,005.80 ($6,516.27). Also, insider Marco Bianconi acquired 1,000 shares of the company's stock in a transaction on Wednesday, October 16th. The stock was purchased at an average cost of GBX 173 ($2.25) per share, for a total transaction of £1,730 ($2,252.02). 5.36% of the stock is owned by company insiders.

Henderson European Trust Company Profile

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.