Bellevue Healthcare (LON:BBH) Hits New 12-Month Low at $141.20

Bellevue Healthcare (LON:BBH)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 141.20 ($1.77) and last traded at GBX 141.30 ($1.77), with a volume of 560266 shares traded. The stock had previously closed at GBX 143.20 ($1.79).

Bellevue Healthcare Price Performance

The company has a fifty day simple moving average of GBX 148 and a two-hundred day simple moving average of GBX 151.48. The company has a market capitalization of £775.37 million and a P/E ratio of -2,045.71.

Bellevue Healthcare Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, August 25th. Investors of record on Thursday, July 27th were paid a GBX 3 ($0.04) dividend. The ex-dividend date was Thursday, July 27th. This represents a yield of 1.93%. Bellevue Healthcare’s payout ratio is presently -8,571.43%.

Insiders Place Their Bets

In related news, insider Tony Young purchased 3,539 shares of Bellevue Healthcare stock in a transaction on Thursday, June 29th. The stock was purchased at an average cost of GBX 151 ($1.89) per share, with a total value of £5,343.89 ($6,687.39). In other Bellevue Healthcare news, insider Paul Southgate sold 6,223 shares of the firm’s stock in a transaction dated Monday, September 4th. The shares were sold at an average price of GBX 147 ($1.84), for a total transaction of £9,147.81 ($11,447.64). Also, insider Tony Young acquired 3,539 shares of the firm’s stock in a transaction on Thursday, June 29th. The shares were bought at an average cost of GBX 151 ($1.89) per share, for a total transaction of £5,343.89 ($6,687.39). Company insiders own 0.08% of the company’s stock.

Bellevue Healthcare Company Profile

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.