Hansa Investment (LON:HAN) Shares Up 0.9% - Should You Buy?

Hansa Investment Company Ltd (LON:HAN - Get Free Report)'s stock price traded up 0.9% during mid-day trading on Thursday . The stock traded as high as GBX 228 ($2.90) and last traded at GBX 228 ($2.90). 136 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 8,218 shares. The stock had previously closed at GBX 226 ($2.88).

Hansa Investment Stock Down 0.9 %

The company has a debt-to-equity ratio of 0.86, a quick ratio of 36.86 and a current ratio of 13.81. The business has a 50 day simple moving average of GBX 231.42 and a 200-day simple moving average of GBX 222.84. The firm has a market capitalization of £90.40 million, a price-to-earnings ratio of 297.37 and a beta of 0.68.

Hansa Investment Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, October 24th will be given a dividend of GBX 0.80 ($0.01) per share. This represents a yield of 0.35%. The ex-dividend date of this dividend is Thursday, October 24th. 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.