Streetbeat News

WDH

Waterdrop Inc.

Industry

Insurance - Diversified

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. It also operates a medical crowdfunding platform. The company was founded in 2016 and is headquartered in Beijing, the People's Republic of China.

Open

1.14

Mkt cap

429M

Volume

163K

High

1.17

P/E Ratio

11.40

52-wk high

1.53

Low

1.10

Div yield

0.01

52-wk low

0.94

B. Riley Financial stocks saw significant gains in Monday's session, with various notes and shares rising between 22.97% and 50.6%. In contrast, several financial stocks, including UP Fintech Holding and Senmiao Tech, experienced notable declines.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 4:31 pm

Yuanbao, a Chinese insurance distributor, has filed for a $50 million IPO in New York, leveraging its technology-driven platform to match buyers with insurance products. Despite a challenging Chinese market, Yuanbao's revenue and profitability are growing, making it an attractive option for investors.

Portfolio Pulse from The Bamboo Works

September 25, 2024 | 5:57 pm

Waterdrop Inc. (NYSE:WDH) reported a slight revenue decline in Q2 but a significant profit increase due to cost control. The company reaffirmed its annual growth forecast and announced a special dividend. Challenges include regulatory changes affecting insurance brokers and a decline in revenue from its clinical trial business. Waterdrop's shares rose 5.7% following the announcement.

Portfolio Pulse from The Bamboo Works

September 09, 2024 | 1:25 pm

Waterdrop has announced a plan to repurchase its own ordinary shares in the form of ADSs, with a total value of up to $50 million, over a 12-month period ending on September 9, 2025.