Hansa Investment (LON:HAN) Sets New 52-Week High - Still a Buy?

Hansa Investment Company Ltd (LON:HAN - Get Free Report) hit a new 52-week high on Monday . The stock traded as high as GBX 240 ($3.12) and last traded at GBX 233.35 ($3.03), with a volume of 129667 shares changing hands. The stock had previously closed at GBX 229.76 ($2.98).

Hansa Investment Trading Up 4.8 %

The firm has a fifty day simple moving average of GBX 226.64 and a two-hundred day simple moving average of GBX 217.98. The firm has a market capitalization of £95.60 million, a P/E ratio of 314.47 and a beta of 0.68. The company has a debt-to-equity ratio of 0.86, a current ratio of 13.81 and a quick ratio of 36.86.

Hansa Investment Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 24th will be issued a GBX 0.80 ($0.01) dividend. This represents a dividend yield of 0.35%. The ex-dividend date of this dividend is Thursday, October 24th. Hansa Investment's payout ratio is currently 394.74%.

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.