The stock of Henderson Alternative Strategis Trst PLC (LON:HAST) hit a new 52-week high and has GBX 752.40 target or 185.00% above today’s GBX 264.00 share price. The 6 months bullish chart indicates low risk for the GBX 111.32M company. The 1-year high was reported on Nov, 15 by Barchart.com. If the GBX 752.40 price target is reached, the company will be worth GBX 205.94M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 0.67% or GBX 1.75 on November 15, hitting GBX 264. About 779 shares traded hands. Henderson Alternative Strategis Trst PLC (LON:HAST) has declined 2.98% since April 18, 2016 and is downtrending. It has underperformed by 6.91% the S&P500.
Henderson Alternative Strategies Trust plc, formerly Henderson Value Trust plc, is an investment company. The company has a market cap of 111.32 million GBP. The Firm provides global opportunities to provide long-term growth to shareholders. It currently has negative earnings. It provides opportunities through a diversified, international, multi-strategy portfolio, which offers access also to specialist funds, including hedge and private equity.
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