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Worldwide Healthcare (LON:WWH) Stock Passes Below Fifty Day Moving Average - Time to Sell?

Worldwide Healthcare logo with Financial Services background

Worldwide Healthcare (LON:WWH - Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 288.57 ($3.92) and traded as low as GBX 287 ($3.89). Worldwide Healthcare shares last traded at GBX 287.31 ($3.90), with a volume of 1,009,542 shares.

Worldwide Healthcare Price Performance

The stock's fifty day simple moving average is GBX 287.09 and its 200-day simple moving average is GBX 312.85. The firm has a market cap of £1.53 billion, a PE ratio of 6.69 and a beta of 0.29.

Insiders Place Their Bets

In other Worldwide Healthcare news, insider Sven Borho bought 50,000 shares of Worldwide Healthcare stock in a transaction that occurred on Monday, March 31st. The stock was purchased at an average price of GBX 299 ($4.06) per share, with a total value of £149,500 ($202,849.39). Corporate insiders own 0.41% of the company's stock.

Worldwide Healthcare Company Profile

(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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