Hansa Investment (LON:HAN) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Hansa Investment Company Ltd (LON:HAN)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 235.32 ($2.95) and traded as high as GBX 249.99 ($3.13). Hansa Investment shares last traded at GBX 244.46 ($3.06), with a volume of 10,000 shares.

Hansa Investment Stock Down 3.8 %

The company has a market capitalization of £92 million, a price-to-earnings ratio of 302.63 and a beta of 0.68. The company has a debt-to-equity ratio of 0.86, a quick ratio of 36.86 and a current ratio of 13.81. The firm’s 50-day simple moving average is GBX 236.09 and its 200-day simple moving average is GBX 225.64.

Hansa Investment Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, October 24th were issued a dividend of GBX 0.80 ($0.01) per share. This represents a dividend yield of 0.35%. The ex-dividend date was Thursday, October 24th. Hansa Investment’s payout ratio is 394.74%.

Hansa Investment 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.