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Worldwide Healthcare (LON:WWH) Share Price Crosses Above Fifty Day Moving Average - Here's Why

Worldwide Healthcare logo with Financial Services background

Shares of Worldwide Healthcare (LON:WWH - Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 297.56 ($4.00) and traded as high as GBX 309 ($4.15). Worldwide Healthcare shares last traded at GBX 307.50 ($4.13), with a volume of 3,073,583 shares.

Worldwide Healthcare Trading Up 0.5%

The company has a market cap of £1.66 billion, a PE ratio of 7.26 and a beta of 0.29. The business's 50-day simple moving average is GBX 300.20 and its 200-day simple moving average is GBX 305.33.

Worldwide Healthcare (LON:WWH - Get Free Report) last released its earnings results on Wednesday, June 11th. The investment trust reported GBX 2.40 ($0.03) earnings per share (EPS) for the quarter. Worldwide Healthcare had a net margin of 92.78% and a return on equity of 11.22%.

About Worldwide Healthcare

(Get Free Report)

Worldwide Healthcare Trust PLC is a closed-ended investment company listed on the London Stock Exchange LSE: WWH. WWH invests in the global healthcare sector with the objective of achieving a high level of capital growth. WWH invests worldwide in a diversified portfolio of shares in pharmaceutical and biotechnology companies and related securities in the healthcare sector.

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