Hansa Investment (LON:HAN) Stock Crosses Above 50-Day Moving Average – What’s Next?

Hansa Investment Company Ltd (LON:HAN) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 332.39 and traded as high as GBX 338. Hansa Investment shares last traded at GBX 338, with a volume of 10,987 shares trading hands.

Hansa Investment Trading Down 0.6%

The company has a market cap of £655.53 million, a PE ratio of 3.74 and a beta of 0.21. The business has a 50 day simple moving average of GBX 332.63 and a two-hundred day simple moving average of GBX 306.96.

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

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. 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.