Hansa Investment (LON:HAN) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Hansa Investment Company Ltd (LON:HAN)’s stock price crossed 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.

Hansa Investment Stock Down 0.4 %

The company has a market cap of £261.15 million, a P/E ratio of 3.06 and a beta of 0.68. The business’s 50 day moving average is GBX 239.96 and its 200 day moving average is GBX 231.68.

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

Hansa Investment Announces Dividend

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

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.