Worldwide Healthcare (LON:WWH) Sets New 52-Week High – Still a Buy?

Worldwide Healthcare (LON:WWH) hit a new 52-week high on Friday . The stock traded as high as GBX 397.50 and last traded at GBX 394.77, with a volume of 5570767 shares changing hands. The stock had previously closed at GBX 392.50.

Worldwide Healthcare Stock Up 0.2%

The company has a quick ratio of 0.43, a current ratio of 6.31 and a debt-to-equity ratio of 1.36. The stock has a 50-day simple moving average of GBX 351.18 and a 200-day simple moving average of GBX 355.72. The firm has a market capitalization of £1.43 billion, a PE ratio of -12.73 and a beta of 0.27.

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

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.