Worldwide Healthcare (LON:WWH) Reaches New 12-Month High at $362.00

Worldwide Healthcare (LON:WWH) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 362 ($4.64) and last traded at GBX 362 ($4.64), with a volume of 2878094 shares traded. The stock had previously closed at GBX 359 ($4.60).

Worldwide Healthcare Stock Down 1.9 %

The business’s 50-day moving average price is GBX 352.91 and its 200-day moving average price is GBX 334. The company has a quick ratio of 0.43, a current ratio of 0.29 and a debt-to-equity ratio of 2.60. The firm has a market capitalization of £1.94 billion, a PE ratio of -2,446.67 and a beta of 0.29.

Worldwide Healthcare Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, July 24th. Investors of record on Thursday, June 13th will be given a dividend of GBX 2.10 ($0.03) per share. This represents a yield of 0.6%. The ex-dividend date of this dividend is Thursday, June 13th. This is a positive change from Worldwide Healthcare’s previous dividend of $0.70. Worldwide Healthcare’s dividend payout ratio (DPR) is presently -2,000.00%.

About Worldwide Healthcare

Worldwide Healthcare Trust PLC is a closed ended equity mutual fund launched by Frostrow Capital LLP. The fund is managed by OrbiMed Capital LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the healthcare sector, with an emphasis on pharmaceutical and biotechnology companies.