Hansa Investment (LON:HAN) Sets New 52-Week High – Still a Buy?

Shares of Hansa Investment Company Ltd (LON:HAN) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 280 and last traded at GBX 280.98, with a volume of 84794 shares traded. The stock had previously closed at GBX 276.

Hansa Investment Stock Performance

The firm has a market capitalization of £563.92 million, a PE ratio of 14.56 and a beta of 0.68. The company’s fifty day moving average price is GBX 273.80 and its two-hundred day moving average price is GBX 269.48.

Insider Buying and Selling

In other Hansa Investment news, insider Pedro Gonçalves purchased 17,800 shares of Hansa Investment stock in a transaction on Wednesday, January 28th. The shares were purchased at an average cost of GBX 276 per share, with a total value of £49,128. Insiders own 20.09% of the company’s stock.

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.