Worldwide Healthcare (LON:WWH) Share Price Passes Below 200 Day Moving Average – Should You Sell?

Worldwide Healthcare (LON:WWH) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 337.98 ($4.37) and traded as low as GBX 314.50 ($4.06). Worldwide Healthcare shares last traded at GBX 314.50 ($4.06), with a volume of 3,386,475 shares trading hands.

Worldwide Healthcare Trading Down 2.2 %

The company has a market capitalization of £1.67 billion, a price-to-earnings ratio of 7.32 and a beta of 0.29. The company has a 50 day moving average price of GBX 328.33 and a 200 day moving average price of GBX 337.98.

Insider Buying and Selling

In other Worldwide Healthcare news, insider Doug McCutcheon bought 50,000 shares of the company’s stock in a transaction on Thursday, January 23rd. The stock was bought at an average price of GBX 328 ($4.24) per share, for a total transaction of £164,000 ($211,968.46). Also, insider Sian Hansen purchased 3,017 shares of the business’s stock in a transaction dated Wednesday, December 11th. The stock was bought at an average cost of GBX 330 ($4.27) per share, for a total transaction of £9,956.10 ($12,868.17). Corporate 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.