Hansa Investment (LON:HAN) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Hansa Investment Company Ltd (LON:HANGet Free Report) shares 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 trading hands.

Hansa Investment Stock Performance

The firm’s 50 day moving average is GBX 236.29 and its 200-day moving average is GBX 234.64. The stock has a market capitalization of £260.70 million, a price-to-earnings ratio of 3.05 and a beta of 0.68.

Hansa Investment Dividend Announcement

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

About Hansa Investment

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Hansa Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hansa Investment and related companies with MarketBeat.com's FREE daily email newsletter.