Hansa Investment Company Ltd ‘A’ (LON:HANA) Reaches New 12-Month High – Here’s Why

Hansa Investment Company Ltd ‘A’ (LON:HANA) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 285.51 and last traded at GBX 283.78, with a volume of 150810 shares. The stock had previously closed at GBX 283.12.

Hansa Investment Company Ltd ‘A’ Stock Performance

The firm has a 50 day moving average price of GBX 271.83 and a two-hundred day moving average price of GBX 263.47. The company has a market capitalization of £565.97 million, a P/E ratio of 14.61 and a beta of 0.68.

Insiders Place Their Bets

In related news, insider Simona Heidempergher acquired 12,000 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was purchased at an average cost of GBX 274 per share, for a total transaction of £32,880. 19.86% of the stock is owned by company insiders.

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.