Worldwide Healthcare (LON:WWH) Stock Crosses Above 50 Day Moving Average - Here's Why

Key Points

• Worldwide Healthcare's stock (LON:WWH) crossed above its fifty-day moving average of GBX 318.31 ($4.31), trading as high as GBX 343.50 ($4.65).
• The company reported a quarterly earnings per share (EPS) of GBX 2.40 with a net margin of 92.78% and a return on equity of 11.22%.
• Worldwide Healthcare is a closed-ended investment company focused on achieving capital growth through investments in the global healthcare sector.

Shares of Worldwide Healthcare (LON:WWH - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 318.31 ($4.31) and traded as high as GBX 343.50 ($4.65). Worldwide Healthcare shares last traded at GBX 341.09 ($4.62), with a volume of 1,924,210 shares traded.

Worldwide Healthcare Trading Up 0.1%

The company's 50 day moving average price is GBX 318.31 and its 200 day moving average price is GBX 303.80. The company has a market cap of £1.42 billion, a price-to-earnings ratio of -837.87 and a beta of 0.29.

Worldwide Healthcare (LON:WWH - Get Free Report) last announced its quarterly earnings results on Wednesday, June 11th. The investment trust reported GBX 2.40 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

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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