Hansa Investment Company Ltd ‘A’ (LON:HANA) Hits New 1-Year High – What’s Next?

Hansa Investment Company Ltd ‘A’ (LON:HANA) hit a new 52-week high on Wednesday . The company 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 firm has a market capitalization of £557.94 million, a price-to-earnings ratio of 14.40 and a beta of 0.68. The company has a 50-day moving average of GBX 270.37 and a 200-day moving average of GBX 262.26.

Insider Activity

In related news, insider Simona Heidempergher acquired 12,000 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were bought at an average price of GBX 274 per share, for a total transaction of £32,880. Corporate insiders own 19.86% of the company’s stock.

Hansa Investment Company Ltd ‘A’ 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.