Hansa Investment (LON:HAN) Reaches New 1-Year High Following Insider Buying Activity

Hansa Investment Company Ltd (LON:HAN) reached a new 52-week high on Friday after an insider bought additional shares in the company. The company traded as high as GBX 280 and last traded at GBX 272, with a volume of 104179 shares. The stock had previously closed at GBX 275.

Specifically, insider Pedro Gonçalves bought 17,800 shares of the firm’s stock in a transaction on Wednesday, January 28th. The stock was acquired at an average cost of GBX 276 per share, with a total value of £49,128.

Hansa Investment Stock Down 1.1%

The firm has a 50 day simple moving average of GBX 271.93 and a 200-day simple moving average of GBX 268.54. The company has a market cap of £554.31 million, a PE ratio of 14.09 and a beta of 0.68.

Hansa Investment (LON:HAN) last announced its quarterly earnings data on Wednesday, October 29th. The company reported GBX 7.90 EPS for the quarter. Hansa Investment had a net margin of 95.67% and a return on equity of 19.42%.

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.