Bellevue Healthcare (LON:BBH) Stock Price Passes Below 50 Day Moving Average of $151.25

Bellevue Healthcare (LON:BBH) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 151.25 ($2.03) and traded as low as GBX 144.80 ($1.94). Bellevue Healthcare shares last traded at GBX 147.20 ($1.97), with a volume of 1,130,379 shares trading hands.

Bellevue Healthcare Price Performance

The company has a 50 day simple moving average of GBX 151.25 and a 200-day simple moving average of GBX 146.77. The stock has a market cap of £804.67 million and a P/E ratio of 920.00.

Bellevue Healthcare Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, August 29th. Shareholders of record on Thursday, August 1st were paid a GBX 2.52 ($0.03) dividend. This represents a yield of 1.71%. The ex-dividend date was Thursday, August 1st. Bellevue Healthcare’s dividend payout ratio is currently 3,750.00%.

Insider Buying and Selling at Bellevue Healthcare

In related news, insider Josephine Dixon sold 5,993 shares of Bellevue Healthcare stock in a transaction on Friday, September 13th. The shares were sold at an average price of GBX 153 ($2.05), for a total value of £9,169.29 ($12,278.11). Company insiders own 0.07% of the company’s stock.

About Bellevue Healthcare

Bellevue Healthcare Trust plc is a closed ended equity mutual fund launched by Bellevue Asset Management AG. The fund is managed by Bellevue Advisors Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across healthcare sector. It seeks to benchmark the performance of its portfolio against the MSCI World Healthcare Index.