Insider Buying: Worldwide Healthcare (LON:WWH) Insider Buys 50,000 Shares of Stock

Worldwide Healthcare (LON:WWH) insider Doug McCutcheon acquired 50,000 shares of Worldwide Healthcare stock in a transaction dated Thursday, January 23rd. The stock was bought at an average price of GBX 328 ($4.05) per share, with a total value of £164,000 ($202,569.17).

Worldwide Healthcare Stock Performance

Shares of LON:WWH traded up GBX 1.11 ($0.01) during midday trading on Friday, hitting GBX 328.61 ($4.06). The company had a trading volume of 1,959,595 shares, compared to its average volume of 1,310,249. The company has a debt-to-equity ratio of 2.60, a current ratio of 0.29 and a quick ratio of 0.43. The company has a market cap of £1.77 billion, a price-to-earnings ratio of -2,190.73 and a beta of 0.29. Worldwide Healthcare has a 12-month low of GBX 309 ($3.82) and a 12-month high of GBX 372.50 ($4.60). The company has a fifty day moving average of GBX 324.39 and a two-hundred day moving average of GBX 344.27.

Worldwide Healthcare (LON:WWH) last released its quarterly earnings data on Friday, November 15th. The investment trust reported GBX 1.40 ($0.02) EPS for the quarter.

Worldwide Healthcare Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, November 28th were issued a dividend of GBX 0.70 ($0.01) per share. This represents a dividend yield of 0.21%. The ex-dividend date was Thursday, November 28th. Worldwide Healthcare’s dividend payout ratio (DPR) is presently -2,000.00%.

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.