Hansa Investment (LON:HAN) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Hansa Investment Company Ltd (LON:HAN) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 226.70 ($2.81) and traded as high as GBX 244.25 ($3.02). Hansa Investment shares last traded at GBX 244.25 ($3.02), with a volume of 20,122 shares changing hands.

Hansa Investment Price Performance

The company has a market cap of £97.70 million, a price-to-earnings ratio of 321.38 and a beta of 0.68. The company has a 50-day simple moving average of GBX 237.21 and a 200-day simple moving average of GBX 226.70. The company has a debt-to-equity ratio of 0.86, a quick ratio of 36.86 and a current ratio of 13.81.

Hansa Investment Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, October 24th were issued a dividend of GBX 0.80 ($0.01) per share. This represents a yield of 0.35%. The ex-dividend date was Thursday, October 24th. 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.