Hansa Investment Company Ltd ‘A’ (LON:HANA) Sets New 1-Year High – Here’s Why

Hansa Investment Company Ltd ‘A’ (LON:HANA) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 315 and last traded at GBX 308, with a volume of 201786 shares trading hands. The stock had previously closed at GBX 307.

Hansa Investment Company Ltd ‘A’ Stock Performance

The stock has a fifty day simple moving average of GBX 279.50 and a 200 day simple moving average of GBX 272.41. The firm has a market cap of £613.33 million, a P/E ratio of 16.11 and a beta of 0.26.

Hansa Investment Company Ltd ‘A’ Company Profile

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.