Shares of Waterdrop Inc. (NYSE:WDH - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $1.27, but opened at $1.35. Waterdrop shares last traded at $1.36, with a volume of 424,881 shares trading hands.
Waterdrop Price Performance
The company has a fifty day moving average price of $1.19 and a two-hundred day moving average price of $1.14. The company has a market capitalization of $490.46 million, a P/E ratio of 11.04 and a beta of -0.25.
Waterdrop (NYSE:WDH - Get Free Report) last posted its earnings results on Wednesday, December 11th. The company reported $0.05 earnings per share for the quarter. Waterdrop had a net margin of 11.69% and a return on equity of 7.02%.
Institutional Investors Weigh In On Waterdrop
A number of institutional investors have recently made changes to their positions in WDH. Catalina Capital Group LLC bought a new position in shares of Waterdrop during the fourth quarter worth about $27,000. Jane Street Group LLC bought a new position in Waterdrop during the 4th quarter worth approximately $78,000. Baader Bank Aktiengesellschaft lifted its position 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 worth $1,524,000 after purchasing an additional 1,192,092 shares during the period. Finally, IDG China Capital Fund III Associates L.P. bought a new stake in shares of Waterdrop in the 4th quarter valued at $6,760,000. Institutional investors 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.
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