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

Key Points

• Worldwide Healthcare's stock price recently exceeded its fifty-day moving average of GBX 332.75, reaching a high of GBX 343.50 during trading.
• The company has a market capitalization of £1.40 billion and a significantly high price-to-earnings ratio of -850.25, indicating potential volatility in earnings.
• Worldwide Healthcare Trust PLC invests in a diversified portfolio within the global healthcare sector, focusing on achieving capital growth through shares in pharmaceutical and biotechnology companies.

Worldwide Healthcare (LON:WWH - )'s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 332.75 ($4.47) and traded as high as GBX 343.50 ($4.61). Worldwide Healthcare shares last traded at GBX 343.50 ($4.61), with a volume of 1,405,036 shares.

Worldwide Healthcare Trading Down 1.0%

The firm has a 50-day moving average of GBX 332.75 and a 200 day moving average of GBX 308.17. The stock has a market capitalization of £1.40 billion, a price-to-earnings ratio of -850.25 and a beta of 0.29.

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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