Henderson Far East Income (LON:HFEL) Stock Crosses Above Fifty Day Moving Average - What's Next?

Henderson Far East Income (LON:HFEL - Get Free Report)'s share price crossed 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 Stock Performance

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 company's 50-day moving average price is GBX 229.43 and its 200 day moving average price is GBX 230.14. The stock has a market capitalization of £390.91 million, a PE ratio of -3,385.71 and a beta of 0.60.

Henderson Far East Income (LON:HFEL - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported GBX 27.83 ($0.34) EPS for the quarter.

About Henderson Far East Income

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.