Worldwide Healthcare (LON:WWH) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Worldwide Healthcare (LON:WWHGet Free Report)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 378.36 and traded as low as GBX 360. Worldwide Healthcare shares last traded at GBX 367, with a volume of 1,138,321 shares.

Worldwide Healthcare Price Performance

The company’s 50 day simple moving average is GBX 378.36 and its 200 day simple moving average is GBX 352.33. The firm has a market cap of £1.42 billion, a price-to-earnings ratio of -11.81 and a beta of 0.29.

Worldwide Healthcare (LON:WWHGet Free Report) last released its earnings results on Thursday, November 13th. The investment trust reported GBX 0.90 earnings per share (EPS) for the quarter. Worldwide Healthcare had a return on equity of 11.22% and a net margin of 92.78%.

Worldwide Healthcare Company Profile

(Get Free Report)

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.

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