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

Shares of Worldwide Healthcare (LON:WWH) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 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 trading hands.

Worldwide Healthcare Stock Up 0.0 %

The company’s 50 day moving average price is GBX 326.56 and its 200-day moving average price is GBX 340.67. The stock has a market cap of £1.76 billion, a P/E ratio of 7.71 and a beta of 0.29.

Insider Activity

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

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.