Hansa Investment (LON:HAN) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Shares of Hansa Investment Company Ltd (LON:HAN) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 236.14 ($3.06) and traded as low as GBX 231.76 ($3.00). Hansa Investment shares last traded at GBX 231.76 ($3.00), with a volume of 11,227 shares traded.

Hansa Investment Trading Up 0.3 %

The stock has a market cap of £260.70 million, a price-to-earnings ratio of 3.05 and a beta of 0.68. The firm’s 50-day moving average is GBX 236.29 and its two-hundred day moving average is GBX 234.64.

Hansa Investment Dividend Announcement

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

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.