Shares of Waterdrop Inc. Unsponsored ADR (NYSE:WDH - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $1.95 and last traded at $1.69, with a volume of 2678354 shares trading hands. The stock had previously closed at $1.45.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded shares of Waterdrop from a "hold" rating to a "buy" rating in a report on Friday, June 27th.
Check Out Our Latest Analysis on Waterdrop
Waterdrop Price Performance
The company has a market cap of $612.59 million, a price-to-earnings ratio of 11.20 and a beta of -0.30. The firm's 50 day simple moving average is $1.41 and its 200-day simple moving average is $1.33.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Waterdrop stock. Jane Street Group LLC purchased a new stake in Waterdrop Inc. Unsponsored ADR (NYSE:WDH - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 66,075 shares of the company's stock, valued at approximately $78,000. 1.96% of the stock is owned by institutional investors and hedge funds.
About Waterdrop
(
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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.
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