Hansa Investment (LON:HAN) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Hansa Investment Company Ltd (LON:HAN)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 239.96 ($3.02) and traded as high as GBX 244 ($3.07). Hansa Investment shares last traded at GBX 235 ($2.96), with a volume of 3,491 shares trading hands.

Hansa Investment Stock Down 0.4 %

The stock’s 50-day simple moving average is GBX 239.96 and its 200 day simple moving average is GBX 231.68. The stock has a market capitalization of £261.15 million, a price-to-earnings ratio of 3.06 and a beta of 0.68.

Hansa Investment (LON:HAN) last announced its earnings results on Friday, November 22nd. The company reported GBX 3.80 ($0.05) earnings per share (EPS) for the quarter. Hansa Investment had a net margin of 95.67% and a return on equity of 19.42%.

Hansa Investment Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, January 23rd will be given a dividend of GBX 0.80 ($0.01) per share. The ex-dividend date is Thursday, January 23rd. This represents a dividend yield of 0.34%. Hansa Investment’s payout ratio is 3.90%.

Hansa Investment Company Profile

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.