Hansa Investment (LON:HAN) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Hansa Investment Company Ltd (LON:HAN) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 237.81 ($2.96) and traded as high as GBX 241.12 ($3.00). Hansa Investment shares last traded at GBX 231.20 ($2.88), with a volume of 25,725 shares.

Hansa Investment Stock Down 2.0 %

The company has a market capitalization of £92.48 million, a price-to-earnings ratio of 304.21 and a beta of 0.68. The business has a fifty day simple moving average of GBX 237.81 and a two-hundred day simple moving average of GBX 230.25. 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 (LON:HAN) last announced its quarterly earnings results on Friday, November 22nd. The company reported GBX 3.80 ($0.05) EPS for the quarter. Hansa Investment had a return on equity of 22.26% and a net margin of 94.70%.

Hansa Investment Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, February 28th. Investors of record on Thursday, January 23rd will be given a dividend of GBX 0.80 ($0.01) per share. This represents a dividend yield of 0.34%. The ex-dividend date is Thursday, January 23rd. Hansa Investment’s dividend payout ratio (DPR) is currently 394.74%.

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.