Bellevue Healthcare (LON:BBH) Share Price Passes Below Fifty Day Moving Average of $147.90

Posted by Lorenzo Tanos on May 4th, 2024

Bellevue Healthcare (LON:BBH – Get Free Report)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 147.90 ($1.86) and traded as low as GBX 140 ($1.76). Bellevue Healthcare shares last traded at GBX 142.80 ($1.79), with a volume of 1,431,872 shares traded.

Bellevue Healthcare Trading Up 3.1 %

The business’s fifty day simple moving average is GBX 147.87 and its 200-day simple moving average is GBX 143.21. The firm has a market cap of £804.67 million and a P/E ratio of 920.00.

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 given a GBX 3 ($0.04) dividend. The ex-dividend date is Thursday, May 9th. This represents a dividend yield of 1.98%. Bellevue Healthcare’s dividend payout ratio is 3,750.00%.

Insider Transactions at Bellevue Healthcare

In related news, insider Randeep Singh Grewal bought 324 shares of the company’s stock in a transaction dated Tuesday, April 2nd. The stock was purchased at an average cost of GBX 154 ($1.93) per share, with a total value of £498.96 ($626.76). In related news, insider Randeep Singh Grewal bought 324 shares of the company’s stock in a transaction dated Tuesday, April 2nd. The stock was purchased at an average cost of GBX 154 ($1.93) per share, with a total value of £498.96 ($626.76). Also, insider Tony Young sold 12,156 shares of the firm’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of GBX 150 ($1.88), for a total transaction of £18,234 ($22,904.16). Corporate insiders own 0.07% of the company’s stock.

About Bellevue Healthcare

(Get Free Report)

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.