Hansa Investment (LON:HAN) Stock Price Up 0.9% – Still a Buy?

Hansa Investment Company Ltd (LON:HAN)’s share price was up 0.9% during trading on Thursday . The company traded as high as GBX 228 ($2.89) and last traded at GBX 228 ($2.89). Approximately 136 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 8,218 shares. The stock had previously closed at GBX 226 ($2.87).

Hansa Investment Stock Performance

The stock has a 50 day moving average of GBX 231.43 and a 200 day moving average of GBX 222.82. The company has a quick ratio of 36.86, a current ratio of 13.81 and a debt-to-equity ratio of 0.86. The company has a market capitalization of £91.20 million, a price-to-earnings ratio of 300.00 and a beta of 0.68.

Hansa Investment Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 24th will be issued a GBX 0.80 ($0.01) dividend. The ex-dividend date is Thursday, October 24th. This represents a yield of 0.35%. Hansa Investment’s payout ratio is currently 394.74%.

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.