Bellevue Healthcare (LON:BBH) Trading 0.3% Higher – What’s Next?

Bellevue Healthcare (LON:BBH)’s stock price rose 0.3% on Friday . The company traded as high as GBX 150.20 and last traded at GBX 149.80. Approximately 508,948 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 993,227 shares. The stock had previously closed at GBX 149.40.

Bellevue Healthcare Stock Performance

The firm’s 50 day moving average is GBX 140.09 and its 200 day moving average is GBX 126.73. The stock has a market cap of £121.32 million and a P/E ratio of -5.71.

Bellevue Healthcare Company Profile

Bellevue Healthcare Trust plc is a high conviction, long-only investment trust invested in listed or quoted global healthcare equities. It is unconstrained and able to invest regardless of market cap, sub sector or region, and the portfolio is concentrated with a maximum of 35 holdings. The target total dividend in the first financial period is 3.5 pence per ordinary share (to be paid mostly out of capital) and in subsequent financial years will be set at 3.5 per cent. of net asset value at the end of the preceding financial year (to be paid mostly out of capital).