Hansa Investment Company Ltd ‘A’ (LON:HANA) Sets New 52-Week High – Time to Buy?

Hansa Investment Company Ltd ‘A’ (LON:HANA) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 326.68 and last traded at GBX 322, with a volume of 74688 shares trading hands. The stock had previously closed at GBX 322.

Hansa Investment Company Ltd ‘A’ Price Performance

The company has a market cap of £637.49 million, a price-to-earnings ratio of 16.89 and a beta of 0.20. The business’s 50-day simple moving average is GBX 309.90 and its 200-day simple moving average is GBX 286.17.

Hansa Investment Company Ltd ‘A’ (LON:HANA) last released its quarterly earnings results on Wednesday, July 8th. The company reported GBX 4.40 EPS for the quarter. Hansa Investment Company Ltd ‘A’ had a net margin of 422.56% and a return on equity of 17.81%.

About Hansa Investment Company Ltd ‘A’

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. It primarily invests in value stocks of companies involved in special situations, with a bias towards small cap companies. The fund also invests through other third party funds. It benchmarks the performance of its portfolios against the FTSE All Share Index and MSCI All Country World & Frontier Markets Index.