Worldwide Healthcare (LON:WWH) Hits New 52-Week Low – Time to Sell?

Worldwide Healthcare (LON:WWHGet Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as GBX 257.50 ($3.29) and last traded at GBX 259.82 ($3.32), with a volume of 8054779 shares. The stock had previously closed at GBX 291.99 ($3.73).

Worldwide Healthcare Stock Down 3.5 %

The company has a market capitalization of £1.43 billion, a price-to-earnings ratio of 6.24 and a beta of 0.29. The business has a fifty day simple moving average of GBX 317.11 and a two-hundred day simple moving average of GBX 327.68.

Insider Buying and Selling

In other news, insider Doug McCutcheon purchased 50,000 shares of the business’s stock in a transaction that occurred on Thursday, January 23rd. The stock was purchased at an average cost of GBX 328 ($4.19) per share, with a total value of £164,000 ($209,557.88). 0.41% of the stock is owned by corporate insiders.

About Worldwide Healthcare

(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.

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