Henderson Far East Income (LON:HFEL) Shares Cross Below 50 Day Moving Average - Here's What Happened

Henderson Far East Income (LON:HFEL - Get Free Report)'s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 230.30 ($2.86) and traded as low as GBX 224.50 ($2.78). Henderson Far East Income shares last traded at GBX 226.50 ($2.81), with a volume of 859,318 shares traded.

Henderson Far East Income Stock Performance

The firm's 50 day moving average price is GBX 229.94 and its two-hundred day moving average price is GBX 229.02. 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 firm has a market cap of £367.82 million, a PE ratio of -3,185.71 and a beta of 0.60.

Henderson Far East Income (LON:HFEL - Get Free Report) last released its earnings results on Thursday, November 7th. The company reported GBX 27.83 ($0.35) earnings per share (EPS) for the quarter.

Henderson Far East Income Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, January 30th will be given a dividend of GBX 6.20 ($0.08) per share. This represents a yield of 2.66%. The ex-dividend date is Thursday, January 30th. Henderson Far East Income's payout ratio is currently -35,714.29%.

Henderson Far East Income Company Profile

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.