Hansa Investment (LON:HAN) Shares Cross Above 50-Day Moving Average – Here’s What Happened

Shares of Hansa Investment Company Ltd (LON:HANGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 221.11 ($2.94) and traded as high as GBX 233.86 ($3.11). Hansa Investment shares last traded at GBX 228.14 ($3.03), with a volume of 34,412 shares changing hands.

Hansa Investment Stock Up 1.8%

The business’s 50-day moving average price is GBX 221.11 and its 200-day moving average price is GBX 231.70. The firm has a market capitalization of £253.52 million, a PE ratio of 2.97 and a beta of 0.68.

Hansa Investment Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, April 10th will be given a GBX 1.10 ($0.01) dividend. This represents a dividend yield of 1.18%. This is a positive change from Hansa Investment’s previous dividend of $0.80. The ex-dividend date is Thursday, April 10th. Hansa Investment’s dividend payout ratio is 3.90%.

About Hansa Investment

(Get Free Report)

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.

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