Shares of Waterdrop Inc. (NYSE:WDH – Get Free Report) fell 4.8% during mid-day trading on Friday . The company traded as low as $1.08 and last traded at $1.08. 442,574 shares were traded 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 Stock Down 4.8 %
The business has a 50 day simple moving average of $1.14 and a 200-day simple moving average of $1.14. The company has a market capitalization of $399.77 million, a P/E ratio of 9.00 and a beta of -0.23.
About Waterdrop
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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