Henderson Far East Income (LON:HFEL) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Henderson Far East Income (LON:HFEL)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 209.58 ($2.84) and traded as high as GBX 224 ($3.04). Henderson Far East Income shares last traded at GBX 222.50 ($3.02), with a volume of 1,040,783 shares.

Henderson Far East Income Stock Performance

The stock has a market cap of £359.04 million, a PE ratio of -34.80 and a beta of 0.60. The stock has a fifty day simple moving average of GBX 209.58 and a two-hundred day simple moving average of GBX 220.25.

Henderson Far East Income (LON:HFEL) last posted its quarterly earnings data 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 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.