Waterdrop Inc. (NYSE:WDH - Get Free Report)'s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $1.57 and last traded at $1.49, with a volume of 169379 shares. The stock had previously closed at $1.50.
Waterdrop Stock Performance
The firm's 50-day moving average price is $1.25 and its 200 day moving average price is $1.18. The company has a market cap of $516.38 million, a price-to-earnings ratio of 11.63 and a beta of -0.26.
Waterdrop Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Friday, April 11th will be paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date of this dividend is Friday, April 11th. Waterdrop's dividend payout ratio (DPR) is currently 7.14%.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in WDH. IDG China Capital Fund III Associates L.P. acquired a new position in shares of Waterdrop in the 4th quarter valued at $6,760,000. Baader Bank Aktiengesellschaft lifted its stake in shares of Waterdrop by 1,198.2% in the 4th quarter. Baader Bank Aktiengesellschaft now owns 1,291,585 shares of the company's stock valued at $1,524,000 after purchasing an additional 1,192,092 shares during the period. Jane Street Group LLC acquired a new position in shares of Waterdrop in the 4th quarter valued at $78,000. Finally, Catalina Capital Group LLC acquired a new position in shares of Waterdrop in the 4th quarter valued at $27,000. Institutional investors and hedge funds own 1.96% of the company's stock.
Waterdrop Company Profile
(
Get Free Report)
Waterdrop Inc, through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term health and long-term health and life insurance products and services.
Further Reading
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