Hansa Investment (LON:HAN) Hits New 1-Year High on Insider Buying Activity

Shares of Hansa Investment Company Ltd (LON:HANGet Free Report) reached a new 52-week high during mid-day trading on Friday following insider buying activity. The stock traded as high as GBX 280 and last traded at GBX 272, with a volume of 104179 shares changing hands. The stock had previously closed at GBX 275.

Specifically, insider Pedro Gonçalves acquired 17,800 shares of the company’s stock in a transaction dated Wednesday, January 28th. The stock was acquired at an average cost of GBX 276 per share, with a total value of £49,128.

Hansa Investment Price Performance

The firm has a market capitalization of £554.31 million, a PE ratio of 14.09 and a beta of 0.68. The company has a 50-day moving average price of GBX 271.77 and a 200-day moving average price of GBX 268.53.

Hansa Investment (LON:HANGet Free Report) last announced its earnings results on Wednesday, October 29th. The company reported GBX 7.90 earnings per share for the quarter. Hansa Investment had a net margin of 95.67% and a return on equity of 19.42%.

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. 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.

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