Hansa Investment (LON:HAN) Share Price Crosses Above 50-Day Moving Average – What’s Next?

Hansa Investment Company Ltd (LON:HAN)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 235.32 ($2.95) and traded as high as GBX 249.99 ($3.14). Hansa Investment shares last traded at GBX 244.46 ($3.07), with a volume of 10,000 shares trading hands.

Hansa Investment Stock Up -0.7 %

The company has a current ratio of 13.81, a quick ratio of 36.86 and a debt-to-equity ratio of 0.86. The firm has a market cap of £97.78 million, a P/E ratio of 321.65 and a beta of 0.68. The stock’s fifty day moving average is GBX 235.32 and its two-hundred day moving average is GBX 225.24.

Hansa Investment Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, October 24th were issued a GBX 0.80 ($0.01) dividend. The ex-dividend date was Thursday, October 24th. This represents a dividend yield of 0.35%. Hansa Investment’s payout ratio 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.