Worldwide Healthcare (LON:WWH) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Worldwide Healthcare (LON:WWH) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 327.38 ($4.15) and traded as high as GBX 330 ($4.19). Worldwide Healthcare shares last traded at GBX 329 ($4.17), with a volume of 918,650 shares changing hands.

Worldwide Healthcare Stock Performance

The stock has a market capitalization of £1.74 billion, a PE ratio of 7.60 and a beta of 0.29. The stock’s 50-day moving average is GBX 327.38 and its 200 day moving average is GBX 339.50.

Insider Buying and Selling

In other news, insider Sian Hansen bought 3,017 shares of Worldwide Healthcare stock in a transaction dated Wednesday, December 11th. The stock was bought at an average price of GBX 330 ($4.19) per share, for a total transaction of £9,956.10 ($12,626.63). Also, insider Doug McCutcheon bought 50,000 shares of Worldwide Healthcare stock in a transaction dated Thursday, January 23rd. The stock was purchased at an average price of GBX 328 ($4.16) per share, with a total value of £164,000 ($207,989.85). 0.41% of the stock is owned by company insiders.

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.