Shares of Waterdrop Inc. (NYSE:WDH - Get Free Report) saw unusually-high trading volume on Friday . Approximately 278,519 shares changed hands during mid-day trading, an increase of 2% from the previous session's volume of 273,462 shares.The stock last traded at $1.50 and had previously closed at $1.53.
Waterdrop Stock Performance
The stock's 50-day simple moving average is $1.27 and its two-hundred day simple moving average is $1.19. The stock has a market cap of $566.38 million, a price-to-earnings ratio of 12.75 and a beta of -0.26.
Waterdrop Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, April 11th will be given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 5.23%. 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
Hedge funds and other institutional investors have recently bought and sold shares of the company. IDG China Capital Fund III Associates L.P. acquired a new position in shares of Waterdrop in the 4th quarter worth approximately $6,760,000. Baader Bank Aktiengesellschaft lifted its holdings in shares of Waterdrop by 1,198.2% during the fourth quarter. Baader Bank Aktiengesellschaft now owns 1,291,585 shares of the company's stock valued at $1,524,000 after acquiring an additional 1,192,092 shares during the period. Jane Street Group LLC acquired a new stake in shares of Waterdrop in the 4th quarter valued at $78,000. Finally, Catalina Capital Group LLC bought a new stake in shares of Waterdrop in the 4th quarter worth about $27,000. 1.96% of the stock is owned by institutional investors.
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.
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