Worldwide Healthcare (LON:WWH) Stock Crosses Above 50-Day Moving Average – What’s Next?

Worldwide Healthcare (LON:WWH)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 326.56 ($4.12) and traded as high as GBX 332.50 ($4.19). Worldwide Healthcare shares last traded at GBX 331 ($4.18), with a volume of 1,404,249 shares.

Worldwide Healthcare Price Performance

The firm has a market capitalization of £1.76 billion, a price-to-earnings ratio of 7.71 and a beta of 0.29. The business’s fifty day simple moving average is GBX 326.56 and its 200 day simple moving average is GBX 340.67.

Insiders Place Their Bets

In other Worldwide Healthcare news, insider Doug McCutcheon acquired 50,000 shares of Worldwide Healthcare stock in a transaction dated Thursday, January 23rd. The stock was purchased at an average cost of GBX 328 ($4.14) per share, for a total transaction of £164,000 ($206,887.85). Also, insider Sian Hansen acquired 3,017 shares of Worldwide Healthcare stock in a transaction dated Wednesday, December 11th. The shares were acquired at an average price of GBX 330 ($4.16) per share, with a total value of £9,956.10 ($12,559.73). Corporate insiders own 0.41% of the company’s stock.

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.