Henderson Far East Income (LON:HFEL) Share Price Crosses Below Fifty Day Moving Average - Here's What Happened

Shares of Henderson Far East Income (LON:HFEL - Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 228.87 ($2.88) and traded as low as GBX 225.50 ($2.84). Henderson Far East Income shares last traded at GBX 227.50 ($2.86), with a volume of 74,336 shares traded.

Henderson Far East Income Trading Up 1.5 %

The company has a 50 day simple moving average of GBX 228.81 and a two-hundred day simple moving average of GBX 230.86. 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 £381.01 million, a PE ratio of -3,300.00 and a beta of 0.60.

Henderson Far East Income Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, October 24th were paid a dividend of GBX 6.20 ($0.08) per share. The ex-dividend date was Thursday, October 24th. This represents a dividend yield of 2.67%. Henderson Far East Income's payout ratio is currently -35,714.29%.

Henderson Far East Income Company Profile

Henderson Far East Income Limited is a closed ended balanced mutual fund launched and managed by Henderson Investment Funds Limited. The fund is managed by Henderson Global Investors Limited. It invests in the public equity and fixed income markets of Pacific, Australasia, Japan, and India. The fund invests in stocks of companies operating across diversified sectors.