Waterdrop (NYSE:WDH) Stock Price Down 1.8% – What’s Next?

Waterdrop Inc. (NYSE:WDH)’s share price traded down 1.8% on Monday . The stock traded as low as $1.11 and last traded at $1.12. 143,771 shares were traded 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 Stock Down 1.8 %

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 has a 50-day simple moving average of $1.15 and a 200-day simple moving average of $1.16. The company has a market cap of $414.58 million, a PE ratio of 12.45 and a beta of -0.25.

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

Waterdrop Cuts Dividend

The business also recently announced a — dividend, which was paid on Friday, November 8th. Stockholders of record on Friday, October 11th were given a $0.016 dividend. 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.