Waterdrop (NYSE:WDH) Trading Down 1.8% – Here’s What Happened

Waterdrop Inc. (NYSE:WDH) traded down 1.8% on Monday . The company traded as low as $1.11 and last traded at $1.12. 143,771 shares traded hands during mid-day trading, a decline of 48% from the average session volume of 275,364 shares. The stock had previously closed at $1.14.

Waterdrop Price Performance

The firm has a market capitalization of $420.13 million, a P/E ratio of 12.61 and a beta of -0.25. The company has a quick ratio of 4.07, a current ratio of 4.07 and a debt-to-equity ratio of 0.01. The business’s 50-day simple moving average is $1.15 and its 200 day simple moving average is $1.16.

Waterdrop (NYSE:WDH) last issued its quarterly earnings data on Wednesday, September 4th. The company reported $0.03 EPS for the quarter. Waterdrop had a return on equity of 5.67% and a net margin of 9.71%. The company had revenue of $93.04 million during the quarter.

Waterdrop Cuts Dividend

The business also recently disclosed a — dividend, which was paid on Friday, November 8th. Investors of record on Friday, October 11th were paid a dividend of $0.016 per share. The ex-dividend date of this dividend was Friday, October 11th.

Waterdrop Company Profile

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.