Shares of Waterdrop Inc. (NYSE:WDH - Get Free Report) were up 8.3% during trading on Wednesday . The company traded as high as $1.37 and last traded at $1.38. Approximately 135,485 shares changed hands during mid-day trading, an increase of 21% from the average daily volume of 112,160 shares. The stock had previously closed at $1.27.
Waterdrop Stock Performance
The business's 50 day moving average is $1.19 and its 200 day moving average is $1.14. The company has a market capitalization of $497.87 million, a price-to-earnings ratio of 11.21 and a beta of -0.25.
Waterdrop (NYSE:WDH - Get Free Report) last released its earnings results on Wednesday, December 11th. The company reported $0.05 EPS for the quarter. Waterdrop had a net margin of 11.69% and a return on equity of 7.02%.
Institutional Trading of Waterdrop
Institutional investors have recently bought and sold shares of the stock. Catalina Capital Group LLC acquired a new stake in Waterdrop in the 4th quarter worth approximately $27,000. Jane Street Group LLC purchased a new position in Waterdrop during the 4th quarter worth approximately $78,000. Baader Bank Aktiengesellschaft grew its stake in 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 acquiring an additional 1,192,092 shares during the period. Finally, IDG China Capital Fund III Associates L.P. acquired a new stake in Waterdrop in the 4th quarter valued at $6,760,000. 1.96% of the stock is currently owned by institutional investors and hedge funds.
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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