Hansa Investment (LON:HAN) Stock Passes Above 50-Day Moving Average – Here’s Why

Hansa Investment Company Ltd (LON:HAN)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 237.81 ($2.96) and traded as high as GBX 241.12 ($3.00). Hansa Investment shares last traded at GBX 231.20 ($2.88), with a volume of 25,725 shares traded.

Hansa Investment Stock Performance

The firm’s 50-day simple moving average is GBX 237.81 and its two-hundred day simple moving average is GBX 230.25. The stock has a market capitalization of £92.48 million, a PE ratio of 304.21 and a beta of 0.68. The company has a current ratio of 13.81, a quick ratio of 36.86 and a debt-to-equity ratio of 0.86.

Hansa Investment (LON:HAN) last posted its quarterly earnings results on Friday, November 22nd. The company reported GBX 3.80 ($0.05) EPS for the quarter. Hansa Investment had a net margin of 94.70% and a return on equity of 22.26%.

Hansa Investment Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, January 23rd will be issued a dividend of GBX 0.80 ($0.01) per share. The ex-dividend date is Thursday, January 23rd. This represents a yield of 0.34%. Hansa Investment’s dividend payout ratio (DPR) is currently 394.74%.

About Hansa Investment

Hansa Investment Company Limited is a closed-ended equity fund of funds launched and managed by Hanseatic Asset Management LBG. The fund is co-managed by Hansa Capital Partners LLP. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.