Worldwide Healthcare (LON:WWH) Stock Crosses Above Fifty Day Moving Average – Should You 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 289.43 ($3.88) and traded as high as GBX 298.50 ($4.01). Worldwide Healthcare shares last traded at GBX 296.34 ($3.98), with a volume of 3,539,526 shares trading hands.

Worldwide Healthcare Trading Down 0.2%

The firm has a market cap of £1.57 billion, a P/E ratio of 6.89 and a beta of 0.29. The company’s 50-day moving average is GBX 289.43 and its two-hundred day moving average is GBX 308.98.

Worldwide Healthcare (LON:WWH) last announced its quarterly earnings results on Wednesday, June 11th. The investment trust reported GBX 2.40 ($0.03) earnings per share for the quarter. Worldwide Healthcare had a net margin of 92.78% and a return on equity of 11.22%.

Insider Activity at Worldwide Healthcare

In other news, insider Sven Borho bought 50,000 shares of the company’s stock in a transaction on Monday, March 31st. The shares were purchased at an average price of GBX 299 ($4.01) per share, with a total value of £149,500 ($200,617.28). 0.41% of the stock is owned by insiders.

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.