Worldwide Healthcare (LON:WWH) Reaches New 1-Year High – Here’s What Happened

Shares of Worldwide Healthcare (LON:WWH) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 399.50 and last traded at GBX 398.50, with a volume of 1605449 shares traded. The stock had previously closed at GBX 390.50.

Worldwide Healthcare Stock Up 1.6%

The firm has a market capitalization of £1.42 billion, a P/E ratio of 14.86 and a beta of 0.26. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.43 and a current ratio of 6.31. The firm’s 50-day moving average is GBX 377.84 and its 200 day moving average is GBX 357.50.

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

Insider Buying and Selling at Worldwide Healthcare

In other news, insider Sian Hansen acquired 10,312 shares of the firm’s stock in a transaction that occurred on Tuesday, July 14th. The stock was acquired at an average cost of GBX 386 per share, for a total transaction of £39,804.32. 0.23% of the stock is owned by corporate insiders.

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

The Company‘s Portfolio Manager is OrbiMed Capital LLC.