Waterdrop Inc. Unsponsored ADR (NYSE:WDH - Get Free Report) shares saw strong trading volume on Monday . 261,056 shares were traded during trading, an increase of 3% from the previous session's volume of 253,714 shares.The stock last traded at $1.95 and had previously closed at $2.04.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen lowered shares of Waterdrop from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th.
View Our Latest Stock Analysis on WDH
Waterdrop Stock Performance
The stock has a market cap of $598.09 million, a price-to-earnings ratio of 11.00 and a beta of -0.30. The business's 50 day moving average is $1.48 and its 200 day moving average is $1.36.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of WDH. Jane Street Group LLC acquired a new stake in Waterdrop during the 4th quarter worth about $78,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Waterdrop in the 2nd quarter valued at about $372,000. Finally, Baader Bank Aktiengesellschaft grew its position in Waterdrop by 28.6% during the first quarter. Baader Bank Aktiengesellschaft now owns 1,660,910 shares of the company's stock valued at $2,475,000 after purchasing an additional 369,325 shares in the last quarter. Hedge funds and other institutional investors own 1.96% of the company's stock.
About Waterdrop
(
Get Free Report)
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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