Shares of Waterdrop Inc. (NYSE:WDH - Get Free Report) saw an uptick in trading volume on Monday . 1,970,145 shares were traded during trading, an increase of 611% from the previous session's volume of 276,913 shares.The stock last traded at $1.37 and had previously closed at $1.30.
Waterdrop Trading Down 11.1 %
The stock has a market cap of $460.85 million, a P/E ratio of 10.38 and a beta of -0.26. The business's fifty day simple moving average is $1.32 and its 200 day simple moving average is $1.21.
Waterdrop Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, April 11th will be issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 6.43%. The ex-dividend date is Friday, April 11th. Waterdrop's dividend payout ratio is currently 21.43%.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. IDG China Capital Fund III Associates L.P. bought a new stake in shares of Waterdrop during the fourth quarter worth $6,760,000. Baader Bank Aktiengesellschaft raised its holdings in Waterdrop by 1,198.2% during the 4th quarter. Baader Bank Aktiengesellschaft now owns 1,291,585 shares of the company's stock worth $1,524,000 after purchasing an additional 1,192,092 shares during the last quarter. Jane Street Group LLC bought a new stake in Waterdrop during the 4th quarter worth about $78,000. Finally, Catalina Capital Group LLC bought a new position in shares of Waterdrop in the 4th quarter valued at about $27,000. Institutional investors and hedge funds own 1.96% of the company's stock.
About Waterdrop
(
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.
Featured Articles
Before you consider Waterdrop, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Waterdrop wasn't on the list.
While Waterdrop currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
