Hansa Investment (LON:HAN) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Shares of Hansa Investment Company Ltd (LON:HAN) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 231.68 ($2.92) and traded as low as GBX 228 ($2.87). Hansa Investment shares last traded at GBX 235 ($2.96), with a volume of 3,491 shares changing hands.

Hansa Investment Trading Down 0.4 %

The business’s fifty day simple moving average is GBX 239.96 and its 200-day simple moving average is GBX 231.68. The firm has a market cap of £261.15 million, a P/E ratio of 3.06 and a beta of 0.68.

Hansa Investment (LON:HAN) last issued its earnings results on Friday, November 22nd. The company reported GBX 3.80 ($0.05) earnings per share (EPS) for the quarter. Hansa Investment had a net margin of 95.67% and a return on equity of 19.42%.

Hansa Investment Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, January 23rd will be issued a GBX 0.80 ($0.01) dividend. The ex-dividend date is Thursday, January 23rd. This represents a dividend yield of 0.34%. Hansa Investment’s payout ratio is currently 3.90%.

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.