Hansa Investment (LON:HAN) Sets New 1-Year High – Time to Buy?

Hansa Investment Company Ltd (LON:HAN)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 346 and last traded at GBX 346, with a volume of 33915 shares changing hands. The stock had previously closed at GBX 342.

Hansa Investment Stock Up 1.2%

The stock has a market capitalization of £674.99 million, a price-to-earnings ratio of 3.85 and a beta of 0.21. The stock’s 50-day simple moving average is GBX 330.48 and its 200 day simple moving average is GBX 300.73.

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

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. 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.