Worldwide Healthcare (LON:WWH) Stock Price Crosses Above Fifty Day Moving Average - Should You Sell?

Key Points

• Shares of Worldwide Healthcare (LON:WWH) recently surpassed their 50-day moving average, indicating positive trading momentum.
• The stock's latest trading price was GBX 311 ($4.12), with a market capitalization of £1.69 billion and a PE ratio of 7.38.
• In its most recent quarterly earnings, Worldwide Healthcare reported an earnings per share of GBX 2.40 ($0.03) and achieved a net margin of 92.78%.

Worldwide Healthcare (LON:WWH - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 301.68 ($4.00) and traded as high as GBX 317.50 ($4.21). Worldwide Healthcare shares last traded at GBX 311 ($4.13), with a volume of 2,536,471 shares traded.

Worldwide Healthcare Stock Down 0.8%

The firm's 50-day moving average price is GBX 303.05 and its 200 day moving average price is GBX 304.93. The company has a market capitalization of £1.68 billion, a P/E ratio of 7.33 and a beta of 0.29.

Worldwide Healthcare (LON:WWH - Get Free Report) last released its quarterly earnings results on Wednesday, June 11th. The investment trust reported GBX 2.40 ($0.03) earnings per share 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.