Hansa Investment Company Ltd 'A' (LON:HANA) Hits New 1-Year High - Time to Buy?

Key Points

• 52-week high: Hansa (LON:HANA) reached a new one-year high, trading as high as GBX 287 and last at GBX 285.39 on the day, with 93,061 shares changing hands.
• Insider purchase: Simona Heidempergher bought 12,000 shares at GBX 274 on Feb 12, and company insiders now own 9.38% of the stock.
• Business profile: Hansa is a closed-ended equity fund of funds that targets global value and small-cap special situations and benchmarks to the FTSE All Share and MSCI All Country World & Frontier indices.

Hansa Investment Company Ltd 'A' (LON:HANA - )'s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 287 and last traded at GBX 285.39, with a volume of 93061 shares trading hands. The stock had previously closed at GBX 284.

Hansa Investment Company Ltd 'A' Stock Performance

The company has a market capitalization of £558.11 million, a PE ratio of 14.66 and a beta of 0.17. The stock's fifty day simple moving average is GBX 274.74 and its 200-day simple moving average is GBX 267.39.

Insider Transactions at Hansa Investment Company Ltd 'A'

In other news, insider Simona Heidempergher bought 12,000 shares of Hansa Investment Company Ltd 'A' stock in a transaction on Thursday, February 12th. The shares were bought at an average cost of GBX 274 per share, for a total transaction of £32,880. Company insiders own 9.38% 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.

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