--- title: "Hennessy Advisors (NASDAQ:HNNA) Shares Pass Below Two Hundred Day Moving Average - What's Next?" type: "News" locale: "en" url: "https://longbridge.com/en/news/274122204.md" description: "Hennessy Advisors (NASDAQ:HNNA) shares fell below their 200-day moving average of $10.65, trading as low as $10.34 before closing at $10.38. The stock is down 1.7% with a market cap of $81.90 million and a PE ratio of 8.24. Weiss Ratings maintains a \"hold (c+)\" rating, with a consensus rating of \"Hold\" from analysts. Recent institutional investments include significant increases from Truffle Hound Capital and Navellier & Associates. Hennessy Advisors specializes in managing closed-end and open-end funds, focusing on income and total return for shareholders." datetime: "2026-01-29T09:05:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/274122204.md) - [en](https://longbridge.com/en/news/274122204.md) - [zh-HK](https://longbridge.com/zh-HK/news/274122204.md) generator: "portal-rs" --- # Hennessy Advisors (NASDAQ:HNNA) Shares Pass Below Two Hundred Day Moving Average - What's Next? Hennessy Advisors, Inc. (NASDAQ:HNNA - Get Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $10.65 and traded as low as $10.34. Hennessy Advisors shares last traded at $10.38, with a volume of 28,454 shares traded. Get **Hennessy Advisors** alerts: ## Wall Street Analyst Weigh In Separately, Weiss Ratings restated a "hold (c+)" rating on shares of Hennessy Advisors in a report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of "Hold". **View Our Latest Stock Analysis on HNNA** ## Hennessy Advisors Stock Down 1.7% The business has a 50 day moving average of $9.94 and a two-hundred day moving average of $10.65. The stock has a market capitalization of $81.90 million, a PE ratio of 8.24 and a beta of 0.64. The company has a debt-to-equity ratio of 0.41, a quick ratio of 12.72 and a current ratio of 12.73. ## Hedge Funds Weigh In On Hennessy Advisors A number of large investors have recently made changes to their positions in HNNA. Truffle Hound Capital LLC boosted its position in shares of Hennessy Advisors by 241.8% in the 3rd quarter. Truffle Hound Capital LLC now owns 150,857 shares of the asset manager's stock worth $1,576,000 after purchasing an additional 106,726 shares in the last quarter. Navellier & Associates Inc. increased its holdings in shares of Hennessy Advisors by 72.2% during the third quarter. Navellier & Associates Inc. now owns 73,647 shares of the asset manager's stock valued at $770,000 after acquiring an additional 30,889 shares in the last quarter. Citadel Advisors LLC acquired a new position in shares of Hennessy Advisors during the third quarter valued at about $218,000. Evergreen Capital Management LLC purchased a new position in shares of Hennessy Advisors in the 2nd quarter valued at approximately $190,000. Finally, Susquehanna International Group LLP boosted its stake in Hennessy Advisors by 108.5% in the 3rd quarter. Susquehanna International Group LLP now owns 26,553 shares of the asset manager's stock worth $280,000 after purchasing an additional 13,819 shares in the last quarter. 10.31% of the stock is owned by institutional investors and hedge funds. ## About Hennessy Advisors (Get Free Report) Hennessy Advisors, Inc is an investment advisory firm specializing in the management of closed-end and open-end funds, as well as separate account strategies. Serving as the investment adviser to a family of publicly traded closed-end funds and a series of mutual funds, the company focuses on generating income and total return for its shareholders by deploying a range of equity and fixed-income strategies. Hennessy Advisors is registered with the U.S. Securities and Exchange Commission and operates under the Investment Advisers Act of 1940. The firm's product lineup includes multiple closed-end funds that invest in U.S. ## See Also - Five stocks we like better than Hennessy Advisors - How a Family Trust May Be Able To Help Preserve Your Wealth - Do not delete, read immediately - NEW LAW: Congress Approves Setup For Digital Dollar? - “Fed Proof” Your Bank Account with THESE 4 Simple Steps - A U.S. “birthright” claim worth trillions - activated quietly *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Hennessy Advisors Right Now? Before you consider Hennessy Advisors, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hennessy Advisors wasn't on the list. While Hennessy Advisors currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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