Worldwide Healthcare (LON:WWH) Sets New 12-Month Low – Time to Sell?

Worldwide Healthcare (LON:WWH)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 310.50 ($4.01) and last traded at GBX 311.05 ($4.02), with a volume of 1755053 shares. The stock had previously closed at GBX 314.50 ($4.07).

Worldwide Healthcare Stock Down 1.6 %

The stock has a market capitalization of £1.65 billion, a PE ratio of 7.20 and a beta of 0.29. The firm’s fifty day moving average is GBX 328.23 and its 200-day moving average is GBX 337.62.

Insider Activity

In related news, insider Doug McCutcheon acquired 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 23rd. The shares were purchased at an average price of GBX 328 ($4.24) per share, with a total value of £164,000 ($211,995.86). Also, insider Sian Hansen bought 3,017 shares of the company’s stock in a transaction on Wednesday, December 11th. The stock was bought at an average cost of GBX 330 ($4.27) per share, with a total value of £9,956.10 ($12,869.83). Insiders own 0.41% of the company’s stock.

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.