Hansa Investment (LON:HAN) Sets New 12-Month High – Should You Buy?

Hansa Investment Company Ltd (LON:HAN)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 329 and last traded at GBX 334.85, with a volume of 49580 shares changing hands. The stock had previously closed at GBX 328.

Hansa Investment Stock Performance

The stock’s 50-day moving average is GBX 320.22 and its 200 day moving average is GBX 291.05. The stock has a market capitalization of £654.81 million, a PE ratio of 17.35 and a beta of 0.20.

Hansa Investment (LON:HAN) last announced its quarterly earnings results on Wednesday, July 8th. The company reported GBX 4.40 earnings per share for the quarter. Hansa Investment had a net margin of 422.56% and a return on equity of 17.81%.

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. 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.