Worldwide Healthcare (LON:WWH) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

Worldwide Healthcare (LON:WWH)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 386.72 and traded as high as GBX 392.50. Worldwide Healthcare shares last traded at GBX 389.11, with a volume of 998,523 shares traded.

Worldwide Healthcare Trading Down 0.6%

The stock’s 50 day moving average is GBX 386.92 and its 200-day moving average is GBX 360.46. The company has a market cap of £1.39 billion, a P/E ratio of 14.48 and a beta of 0.26. The company has a current ratio of 6.31, a quick ratio of 0.43 and a debt-to-equity ratio of 1.36.

Worldwide Healthcare (LON:WWH) last released its quarterly earnings data on Friday, June 5th. The investment trust reported GBX 2.20 EPS for the quarter. Worldwide Healthcare had a return on equity of 8.01% and a net margin of 85.46%.The company had revenue of GBX 1,253 million during the quarter.

Insider Activity at Worldwide Healthcare

In other Worldwide Healthcare news, insider Sian Hansen purchased 10,312 shares of the company’s stock in a transaction on Tuesday, July 14th. The stock was acquired at an average cost of GBX 386 per share, for a total transaction of £39,804.32. 0.23% of the stock is owned by insiders.

About Worldwide Healthcare

Worldwide Healthcare Trust PLC is a closed-ended investment company listed on the London Stock Exchange (LSE: WWH).

WWH invests in the global healthcare sector with the objective of achieving a high level of capital growth. WWH invests worldwide in a diversified portfolio of shares in pharmaceutical and biotechnology companies and related securities in the healthcare sector. It uses gearing, and derivative transactions to mitigate risk and also to enhance returns.

The Company‘s Portfolio Manager is OrbiMed Capital LLC.