Henderson Far East Income (LON:HFEL) Reaches New 1-Year High – Should You Buy?

Henderson Far East Income (LON:HFEL)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 275 and last traded at GBX 268.62, with a volume of 57518 shares. The stock had previously closed at GBX 267.

Henderson Far East Income Stock Up 0.6%

The stock’s fifty day moving average price is GBX 256.06 and its 200 day moving average price is GBX 248.61. The stock has a market cap of £552.98 million, a P/E ratio of 3.71 and a beta of 0.50. The company has a current ratio of 0.68, a quick ratio of 0.69 and a debt-to-equity ratio of 9.61.

Henderson Far East Income (LON:HFEL) last issued its quarterly earnings results on Wednesday, April 15th. The company reported GBX 8.69 EPS for the quarter. The firm had revenue of GBX 1,998 million for the quarter. Henderson Far East Income had a net margin of 92.44% and a return on equity of 28.74%.

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.