Hansa Investment Company Ltd ‘A’ (LON:HANA) Shares Up 2.9% – Should You Buy?

Hansa Investment Company Ltd ‘A’ (LON:HANA) shares rose 2.9% during trading on Tuesday . The company traded as high as GBX 232.88 ($2.92) and last traded at GBX 232.88 ($2.92). Approximately 78,586 shares changed hands during trading, an increase of 97% from the average daily volume of 39,949 shares. The stock had previously closed at GBX 226.22 ($2.84).

Hansa Investment Company Ltd ‘A’ Trading Up 2.9 %

The company has a 50 day simple moving average of GBX 226.02 and a two-hundred day simple moving average of GBX 217.23. The company has a debt-to-equity ratio of 0.86, a quick ratio of 36.86 and a current ratio of 13.81. The firm has a market cap of £186.30 million, a PE ratio of 306.41 and a beta of 0.68.

About Hansa Investment Company Ltd ‘A’

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.