Hansa Investment (LON:HAN) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Hansa Investment Company Ltd (LON:HANGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 239.16 ($3.01) and traded as low as GBX 230 ($2.90). Hansa Investment shares last traded at GBX 230 ($2.90), with a volume of 11,744 shares.

Hansa Investment Stock Up 0.8 %

The business’s 50 day simple moving average is GBX 238.80 and its two-hundred day simple moving average is GBX 233.41. The stock has a market cap of £266.51 million, a P/E ratio of 3.12 and a beta of 0.68.

Hansa Investment Announces Dividend

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

Hansa Investment Company Profile

(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.

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