Bellevue Healthcare (LON:BBH) Shares Down 1.9% – Here’s Why

Shares of Bellevue Healthcare (LON:BBH) fell 1.9% on Friday . The company traded as low as GBX 144.60 ($1.79) and last traded at GBX 144.60 ($1.79). 1,415,384 shares were traded during trading, a decline of 18% from the average session volume of 1,715,905 shares. The stock had previously closed at GBX 147.40 ($1.83).

Bellevue Healthcare Stock Down 1.9 %

The company’s fifty day moving average is GBX 142.92 and its two-hundred day moving average is GBX 145.59. The stock has a market cap of £790.46 million and a price-to-earnings ratio of 903.75.

About Bellevue Healthcare

Bellevue Healthcare Trust plc is a high conviction, long-only investment trust invested in listed or quoted global healthcare equities. It is unconstrained and able to invest regardless of market cap, sub sector or region, and the portfolio is concentrated with a maximum of 35 holdings. The target total dividend in the first financial period is 3.5 pence per ordinary share (to be paid mostly out of capital) and in subsequent financial years will be set at 3.5 per cent.