Bellevue Healthcare (LON:BBH) Stock Price Down 1%

Bellevue Healthcare (LON:BBH) shares were down 1% on Wednesday . The company traded as low as GBX 142.20 ($1.76) and last traded at GBX 142.80 ($1.76). Approximately 1,316,962 shares changed hands during mid-day trading, a decline of 7% from the average daily volume of 1,414,492 shares. The stock had previously closed at GBX 144.20 ($1.78).

Bellevue Healthcare Stock Performance

The firm has a fifty day simple moving average of GBX 148.58 and a 200-day simple moving average of GBX 142.80. The firm has a market cap of £774.06 million and a price-to-earnings ratio of 885.00.

Bellevue Healthcare Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 9th will be paid a dividend of GBX 3 ($0.04) per share. This represents a dividend yield of 1.98%. The ex-dividend date of this dividend is Thursday, May 9th. Bellevue Healthcare’s dividend payout ratio is presently 3,750.00%.

Insider Activity at Bellevue Healthcare

In other Bellevue Healthcare news, insider Josephine Dixon sold 12,089 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of GBX 146 ($1.80), for a total transaction of £17,649.94 ($21,800.82). In other Bellevue Healthcare news, insider Josephine Dixon sold 12,089 shares of the stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of GBX 146 ($1.80), for a total transaction of £17,649.94 ($21,800.82). Also, insider Randeep Singh Grewal bought 324 shares of the company’s stock in a transaction dated Tuesday, April 2nd. The shares were purchased at an average cost of GBX 154 ($1.90) per share, with a total value of £498.96 ($616.30). 0.07% of the stock is owned by company insiders.

About Bellevue Healthcare

Bellevue Healthcare Trust plc is a closed ended equity mutual fund launched by Bellevue Asset Management AG. The fund is managed by Bellevue Advisors Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across healthcare sector. It seeks to benchmark the performance of its portfolio against the MSCI World Healthcare Index.