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

Shares of Worldwide Healthcare (LON:WWH) hit a new 52-week low on Monday . The company traded as low as GBX 310.50 ($4.02) and last traded at GBX 311.05 ($4.03), with a volume of 1755053 shares trading hands. The stock had previously closed at GBX 314.50 ($4.07).

Worldwide Healthcare Stock Performance

The stock has a market capitalization of £1.61 billion, a PE ratio of 7.06 and a beta of 0.29. The firm has a 50 day moving average of GBX 327.79 and a 200-day moving average of GBX 336.81.

Insider Buying and Selling at Worldwide Healthcare

In other Worldwide Healthcare news, insider Doug McCutcheon bought 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 23rd. The stock was purchased at an average price of GBX 328 ($4.25) per share, for a total transaction of £164,000 ($212,325.22). 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.