Worldwide Healthcare (LON:WWH) Sets New 12-Month High – Should You Buy?

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

Worldwide Healthcare Stock Performance

The stock’s 50-day moving average price is GBX 377.84 and its 200 day moving average price is GBX 357.50. The firm has a market cap 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 current ratio of 6.31 and a quick ratio of 0.43.

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

Insider Activity

In related news, insider Sian Hansen bought 10,312 shares of the company’s stock in a transaction that occurred on Tuesday, July 14th. The shares were acquired at an average price of GBX 386 per share, for a total transaction of £39,804.32. Corporate insiders own 0.23% of the company’s stock.

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.