Hansa Investment (LON:HAN) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

Hansa Investment Company Ltd (LON:HAN)’s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 238.09 ($2.96) and traded as low as GBX 230.95 ($2.87). Hansa Investment shares last traded at GBX 238.88 ($2.97), with a volume of 10,500 shares trading hands.

Hansa Investment Trading Up 1.2 %

The firm’s 50 day moving average is GBX 238.09 and its 200 day moving average is GBX 230.77. The company has a market cap of £95.55 million, a PE ratio of 314.32 and a beta of 0.68. The company has a debt-to-equity ratio of 0.86, a current ratio of 13.81 and a quick ratio of 36.86.

Hansa Investment (LON:HAN) last issued its quarterly earnings data 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 declared a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, January 23rd will be paid a GBX 0.80 ($0.01) dividend. The ex-dividend date is Thursday, January 23rd. This represents a yield of 0.34%. Hansa Investment’s dividend payout ratio is presently 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.