Worldwide Healthcare (LON:WWH) Sets New 52-Week High – Should You Buy?

Shares of Worldwide Healthcare (LON:WWH) hit a new 52-week high during trading on Thursday . The company traded as high as GBX 397.50 and last traded at GBX 397.13, with a volume of 4843959 shares traded. The stock had previously closed at GBX 393.23.

Worldwide Healthcare Price Performance

The company has a market cap of £1.42 billion, a price-to-earnings ratio of 14.82 and a beta of 0.27. The company has a current ratio of 6.31, a quick ratio of 0.43 and a debt-to-equity ratio of 1.36. The company has a fifty day moving average price of GBX 355.24 and a two-hundred day moving average price of GBX 356.24.

Worldwide Healthcare (LON:WWH) last issued its earnings results on Friday, June 5th. The investment trust reported GBX 2.20 EPS for the quarter. The business had revenue of GBX 1,253 million during the quarter. Worldwide Healthcare had a return on equity of 8.01% and a net margin of 85.46%.

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. It uses gearing, and derivative transactions to mitigate risk and also to enhance returns.

The Company‘s Portfolio Manager is OrbiMed Capital LLC.