Hansa Investment Company Ltd ‘A’ (LON:HANA) Reaches New 12-Month High – Still a Buy?

Hansa Investment Company Ltd ‘A’ (LON:HANA) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 280 and last traded at GBX 278, with a volume of 1202683 shares traded. The stock had previously closed at GBX 276.

Hansa Investment Company Ltd ‘A’ Stock Performance

The company has a market cap of £557.94 million, a price-to-earnings ratio of 14.40 and a beta of 0.68. The business has a fifty day moving average price of GBX 270.37 and a 200 day moving average price of GBX 262.26.

Insider Activity

In other Hansa Investment Company Ltd ‘A’ news, insider Simona Heidempergher bought 12,000 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The shares were acquired at an average cost of GBX 274 per share, for a total transaction of £32,880. 19.86% of the stock is owned by corporate insiders.

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.