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Worldwide Healthcare (LON:WWH) Shares Pass Above 50 Day Moving Average - Should You Sell?

Worldwide Healthcare logo with Financial Services background

Key Points

  • Shares of Worldwide Healthcare (LON:WWH) crossed above their 50-day moving average during trading, indicating a potential bullish trend.
  • The company has a market capitalization of £1.70 billion and reported earnings per share of GBX 2.40 ($0.03) in its latest quarterly earnings.
  • Worldwide Healthcare Trust invests in the global healthcare sector, aiming for a high level of capital growth through a diversified portfolio in pharmaceuticals and biotechnology.
  • Looking to export and analyze Worldwide Healthcare data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Worldwide Healthcare (LON:WWH - Get Free Report)'s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 306.38 ($4.13) and traded as high as GBX 322 ($4.34). Worldwide Healthcare shares last traded at GBX 318.61 ($4.30), with a volume of 3,306,341 shares trading hands.

Worldwide Healthcare Price Performance

The firm has a 50-day moving average price of GBX 307.31 and a 200 day moving average price of GBX 303.73. The company has a market cap of £1.74 billion, a price-to-earnings ratio of 7.60 and a beta of 0.29.

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

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.

Further Reading

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