Worldwide Healthcare (LON:WWH) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Shares of Worldwide Healthcare (LON:WWH) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 327.38 ($4.15) and traded as high as GBX 330 ($4.19). Worldwide Healthcare shares last traded at GBX 329 ($4.17), with a volume of 918,650 shares.

Worldwide Healthcare Trading Down 0.9 %

The firm’s fifty day moving average price is GBX 327.38 and its 200 day moving average price is GBX 339.50. The stock has a market capitalization of £1.74 billion, a price-to-earnings ratio of 7.60 and a beta of 0.29.

Insider Transactions at Worldwide Healthcare

In other news, insider Sian Hansen acquired 3,017 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were bought at an average cost of GBX 330 ($4.19) per share, with a total value of £9,956.10 ($12,626.63). Also, insider Doug McCutcheon acquired 50,000 shares of the company’s stock in a transaction on Thursday, January 23rd. The stock was purchased at an average cost of GBX 328 ($4.16) per share, for a total transaction of £164,000 ($207,989.85). Company insiders own 0.41% of the company’s stock.

Worldwide Healthcare Company Profile

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.