Hansa Investment (LON:HAN) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Hansa Investment Company Ltd (LON:HANGet Free Report)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 230.59 ($3.05) and traded as low as GBX 197 ($2.61). Hansa Investment shares last traded at GBX 213 ($2.82), with a volume of 6,143 shares changing hands.

Hansa Investment Stock Up 4.2 %

The company’s fifty day simple moving average is GBX 230.59 and its 200 day simple moving average is GBX 233.58. The stock has a market capitalization of £236.70 million, a price-to-earnings ratio of 2.77 and a beta of 0.68.

Hansa Investment Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, April 10th will be issued a GBX 1.10 ($0.01) dividend. This is a boost from Hansa Investment’s previous dividend of $0.80. This represents a yield of 1.18%. The ex-dividend date is Thursday, April 10th. Hansa Investment’s dividend payout ratio is currently 3.90%.

Hansa Investment Company Profile

(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.

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