Waterdrop (NYSE:WDH) Announces Earnings Results

Waterdrop (NYSE:WDH) released its quarterly earnings results on Wednesday. The company reported $0.03 earnings per share for the quarter, Zacks reports. The firm had revenue of $93.04 million for the quarter. Waterdrop had a net margin of 9.71% and a return on equity of 5.68%.

Waterdrop Stock Performance

WDH opened at $1.10 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.07 and a quick ratio of 4.07. The business has a fifty day simple moving average of $1.09 and a 200 day simple moving average of $1.20. Waterdrop has a 1 year low of $0.94 and a 1 year high of $1.55. The company has a market capitalization of $407.18 million, a PE ratio of 18.33 and a beta of -0.28.

Waterdrop Cuts Dividend

The company also recently announced a — dividend, which will be paid on Friday, November 8th. Stockholders of record on Friday, October 11th will be paid a dividend of $0.016 per share. The ex-dividend date of this dividend is 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.