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

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

Waterdrop Trading Down 1.8 %

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

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

Waterdrop Cuts Dividend

The business also recently disclosed a — dividend, which was paid on Friday, November 8th. Stockholders of record on Friday, October 11th were issued 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.