Hansa Investment Company Ltd ‘A’ (LON:HANA) Reaches New 52-Week High – Here’s Why

Hansa Investment Company Ltd ‘A’ (LON:HANA)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 292 and last traded at GBX 287, with a volume of 206044 shares changing hands. The stock had previously closed at GBX 292.

Hansa Investment Company Ltd ‘A’ Price Performance

The firm has a market cap of £569.94 million, a PE ratio of 14.97 and a beta of 0.17. The firm has a 50-day simple moving average of GBX 275.11 and a 200 day simple moving average of GBX 268.41.

Insider Buying and Selling

In other news, insider Simona Heidempergher acquired 12,000 shares of the stock in a transaction on Thursday, February 12th. The stock was acquired at an average price of GBX 274 per share, with a total value of £32,880. Corporate insiders own 9.38% of the company’s stock.

About Hansa Investment Company Ltd ‘A’

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.