Bellevue Healthcare (LON:BBH) Stock Price Up 0.3% – Still a Buy?

Shares of Bellevue Healthcare (LON:BBH) rose 0.3% during mid-day trading on Friday . The stock traded as high as GBX 143 and last traded at GBX 142.60. Approximately 785,625 shares traded hands during trading, a decline of 59% from the average daily volume of 1,902,906 shares. The stock had previously closed at GBX 142.20.

Bellevue Healthcare Stock Performance

The firm has a market cap of £130.59 million and a PE ratio of -5.44. The stock has a 50-day simple moving average of GBX 135.51 and a two-hundred day simple moving average of GBX 124.22.

Bellevue Healthcare Company Profile

Bellevue Healthcare Trust plc is a high conviction, long-only investment trust invested in listed or quoted global healthcare equities. It is unconstrained and able to invest regardless of market cap, sub sector or region, and the portfolio is concentrated with a maximum of 35 holdings. The target total dividend in the first financial period is 3.5 pence per ordinary share (to be paid mostly out of capital) and in subsequent financial years will be set at 3.5 per cent. of net asset value at the end of the preceding financial year (to be paid mostly out of capital).