Worldwide Healthcare (LON:WWH) Stock Price Down 0.3% – What’s Next?

Worldwide Healthcare (LON:WWH)’s share price dropped 0.3% during trading on Monday . The stock traded as low as GBX 331.50 ($4.23) and last traded at GBX 334 ($4.26). Approximately 1,004,572 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 1,251,930 shares. The stock had previously closed at GBX 335 ($4.27).

Worldwide Healthcare Stock Down 0.3 %

The company has a 50-day simple moving average of GBX 338.56 and a 200 day simple moving average of GBX 351.44. The company has a market cap of £1.80 billion, a P/E ratio of -2,226.67 and a beta of 0.29. The company has a current ratio of 0.29, a quick ratio of 0.43 and a debt-to-equity ratio of 2.60.

Worldwide Healthcare Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, November 28th will be given a GBX 0.70 ($0.01) dividend. This represents a yield of 0.21%. The ex-dividend date is Thursday, November 28th. Worldwide Healthcare’s dividend payout ratio (DPR) is presently -2,000.00%.

Insider Buying and Selling at Worldwide Healthcare

In other news, insider William Hemmings bought 7,250 shares of the stock in a transaction on Wednesday, October 2nd. The stock was acquired at an average cost of GBX 345 ($4.40) per share, for a total transaction of £25,012.50 ($31,883.37). 0.41% of the stock is currently owned by corporate insiders.

Worldwide Healthcare Company Profile

Worldwide Healthcare Trust PLC is a closed ended equity mutual fund launched by Frostrow Capital LLP. The fund is managed by OrbiMed Capital LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the healthcare sector, with an emphasis on pharmaceutical and biotechnology companies.