Free Trial

Henderson Far East Income (LON:HFEL) Stock Passes Below 50-Day Moving Average - Here's Why

Henderson Far East Income logo with Financial Services background

Henderson Far East Income (LON:HFEL - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 217.92 ($2.88) and traded as low as GBX 197.77 ($2.62). Henderson Far East Income shares last traded at GBX 198.96 ($2.63), with a volume of 1,266,852 shares trading hands.

Henderson Far East Income Stock Performance

The stock has a market capitalization of £329.28 million, a price-to-earnings ratio of -31.92 and a beta of 0.60. The company has a 50 day moving average of GBX 216.62 and a 200 day moving average of GBX 225.67.

Henderson Far East Income (LON:HFEL - Get Free Report) last released its earnings results on Tuesday, April 15th. The company reported GBX 5.73 ($0.08) earnings per share for the quarter. Henderson Far East Income had a net margin of 589.91% and a negative return on equity of 2.82%.

Henderson Far East Income Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were paid a dividend of GBX 10.25 ($0.14) per share. The ex-dividend date was Thursday, March 20th. This is an increase from Henderson Far East Income's previous dividend of $6.20. This represents a yield of 1.5%. Henderson Far East Income's dividend payout ratio is currently -393.80%.

About Henderson Far East Income

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Henderson Far East Income Right Now?

Before you consider Henderson Far East Income, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Henderson Far East Income wasn't on the list.

While Henderson Far East Income currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Tech Stocks to Buy Now—And 3 You’ll Regret Keeping
After Stellar Earnings, Is TSMC the Next Chip Leader?
Palantir’s Big Week Reveals a Rare Growth Story in a Shaky Market

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines