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

Shares of Hansa Investment Company Ltd (LON:HANGet Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 329.32 and traded as high as GBX 336. Hansa Investment shares last traded at GBX 328, with a volume of 38,063 shares.

Hansa Investment Trading Up 3.0%

The business has a 50 day moving average of GBX 329.32 and a two-hundred day moving average of GBX 296.68. The firm has a market cap of £660.96 million, a P/E ratio of 17.51 and a beta of 0.20.

Hansa Investment (LON:HANGet Free Report) last released its quarterly earnings data on Wednesday, July 8th. The company reported GBX 4.40 EPS for the quarter. Hansa Investment had a net margin of 422.56% and a return on equity of 17.81%.

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. It primarily invests in value stocks of companies involved in special situations, with a bias towards small cap companies. The fund also invests through other third party funds. It benchmarks the performance of its portfolios against the FTSE All Share Index and MSCI All Country World & Frontier Markets Index.

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