Bellevue Healthcare (LON:BBH) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Bellevue Healthcare (LON:BBH)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 142.77 ($1.85) and traded as low as GBX 128.20 ($1.66). Bellevue Healthcare shares last traded at GBX 128.80 ($1.66), with a volume of 9,881,537 shares changing hands.

Bellevue Healthcare Price Performance

The stock has a market cap of £317.44 million and a PE ratio of -19.59. The stock has a 50-day simple moving average of GBX 142.77 and a 200-day simple moving average of GBX 144.07.

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.