Henderson European Trust (LON:HET) Reaches New 52-Week Low – Here’s Why

Henderson European Trust plc (LON:HET)’s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 172 ($2.25) and last traded at GBX 172.50 ($2.25), with a volume of 508858 shares changing hands. The stock had previously closed at GBX 176 ($2.30).

Henderson European Trust Stock Up 0.9 %

The firm has a market cap of £575.34 million, a P/E ratio of 508.82 and a beta of 0.87. The firm’s 50 day moving average price is GBX 179.33.

Insider Buying and Selling

In other news, insider Marco Bianconi bought 1,000 shares of Henderson European Trust stock in a transaction on Wednesday, October 16th. The shares were bought at an average price of GBX 173 ($2.26) per share, with a total value of £1,730 ($2,259.08). In other Henderson European Trust news, insider Marco Bianconi acquired 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 16th. The shares were purchased at an average price of GBX 173 ($2.26) per share, for a total transaction of £1,730 ($2,259.08). Also, insider Melanie Blake bought 2,781 shares of the firm’s stock in a transaction on Tuesday, August 13th. The stock was bought at an average price of GBX 180 ($2.35) per share, with a total value of £5,005.80 ($6,536.69). Insiders own 5.36% of the company’s stock.

Henderson European Trust Company Profile

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.