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

Hansa Investment Company Ltd (LON:HAN)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 225.46 ($2.94) and traded as high as GBX 225.70 ($2.95). Hansa Investment shares last traded at GBX 225 ($2.94), with a volume of 650 shares.

Hansa Investment Stock Performance

The company’s 50-day simple moving average is GBX 225.46 and its 200-day simple moving average is GBX 217.41. The stock has a market cap of £90 million, a price-to-earnings ratio of 296.05 and a beta of 0.68. The company has a quick ratio of 36.86, a current ratio of 13.81 and a debt-to-equity ratio of 0.86.

Hansa Investment Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 24th will be given a dividend of GBX 0.80 ($0.01) per share. This represents a dividend yield of 0.35%. The ex-dividend date is Thursday, October 24th. Hansa Investment’s dividend payout ratio (DPR) 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.