Waterdrop (NYSE:WDH) Trading Up 4.4%

Waterdrop Inc. (NYSE:WDH)’s share price rose 4.4% during mid-day trading on Friday . The stock traded as high as $1.20 and last traded at $1.18. Approximately 250,374 shares were traded during trading, a decline of 10% from the average daily volume of 278,163 shares. The stock had previously closed at $1.13.

Waterdrop Price Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.07 and a current ratio of 4.07. The business’s fifty day simple moving average is $1.06 and its 200 day simple moving average is $1.18. The stock has a market cap of $436.79 million, a price-to-earnings ratio of 19.67 and a beta of -0.28.

Waterdrop (NYSE:WDH) last released its quarterly earnings results on Wednesday, September 4th. The company reported $0.03 EPS for the quarter. Waterdrop had a return on equity of 5.67% and a net margin of 9.71%. The business had revenue of $93.04 million for the quarter.

Waterdrop Cuts Dividend

The business also recently declared a — dividend, which will be paid on Friday, November 8th. Stockholders of record on Friday, October 11th will be given a dividend of $0.016 per share. The ex-dividend date is Friday, October 11th.

About Waterdrop

Waterdrop Inc, through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term health and long-term health and life insurance products and services.