Henderson European Trust (LON:HET) Hits New 12-Month Low – What’s Next?

Henderson European Trust plc (LON:HETGet Free Report)’s stock price hit a new 52-week low on Wednesday . The company traded as low as GBX 170.60 ($2.14) and last traded at GBX 170.60 ($2.14), with a volume of 695655 shares traded. The stock had previously closed at GBX 173 ($2.17).

Henderson European Trust Trading Down 1.4 %

The firm has a market cap of £565.73 million, a PE ratio of 508.82 and a beta of 0.87. The firm has a 50 day moving average price of GBX 176.76.

Insiders Place Their Bets

In related news, insider Marco Bianconi purchased 1,000 shares of the firm’s stock in a transaction dated Wednesday, October 16th. The shares were purchased at an average cost of GBX 173 ($2.17) per share, for a total transaction of £1,730 ($2,174.73). Company insiders own 5.36% of the company’s stock.

About Henderson European Trust

(Get Free Report)

Henderson European Focus Trust plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in public equity markets of Continental Europe. It seeks to invest in stocks of companies operating across diversified sectors.

Read More

Receive News & Ratings for Henderson European Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Henderson European Trust and related companies with MarketBeat.com's FREE daily email newsletter.