Worldwide Healthcare (LON:WWH) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

Worldwide Healthcare (LON:WWH) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 378.36 and traded as low as GBX 360. Worldwide Healthcare shares last traded at GBX 367, with a volume of 1,138,321 shares trading hands.

Worldwide Healthcare Stock Down 0.5%

The company has a market cap of £1.42 billion, a price-to-earnings ratio of -11.81 and a beta of 0.29. The business’s fifty day simple moving average is GBX 378.36 and its two-hundred day simple moving average is GBX 352.33.

Worldwide Healthcare (LON:WWH) last posted its earnings results on Thursday, November 13th. The investment trust reported GBX 0.90 EPS for the quarter. Worldwide Healthcare had a net margin of 92.78% and a return on equity of 11.22%.

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.