Worldwide Healthcare (LON:WWH) Stock Price Passes Above 50-Day Moving Average – What’s Next?
by Tristan Rich · The Markets DailyWorldwide Healthcare (LON:WWH – Get Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 379.87 and traded as high as GBX 381.10. Worldwide Healthcare shares last traded at GBX 376.06, with a volume of 6,605,955 shares traded.
Worldwide Healthcare Trading Down 1.3%
The firm has a market capitalization of £1.46 billion, a P/E ratio of -12.17 and a beta of 0.29. The business’s 50 day simple moving average is GBX 379.87 and its two-hundred day simple moving average is GBX 349.47.
Worldwide Healthcare (LON:WWH – Get Free Report) last posted its quarterly earnings results on Thursday, November 13th. The investment trust reported GBX 0.90 EPS for the quarter. Worldwide Healthcare had a net margin of 92.78% and a return on equity of 11.22%.
Worldwide Healthcare Company Profile
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.