Waterdrop (NYSE:WDH) Shares Down 4.8% – Time to Sell?

Waterdrop Inc. (NYSE:WDHGet Free Report) fell 4.8% on Friday . The company traded as low as $1.08 and last traded at $1.08. 442,574 shares changed hands during mid-day trading, an increase of 69% from the average session volume of 262,319 shares. The stock had previously closed at $1.14.

Waterdrop Trading Down 4.8 %

The company’s 50 day moving average is $1.14 and its 200-day moving average is $1.14. The stock has a market cap of $399.77 million, a PE ratio of 9.00 and a beta of -0.23.

Waterdrop Company Profile

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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.

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