|Bid||1.2300 x 29200|
|Ask||1.3800 x 1200|
|Day's range||1.2400 - 1.3742|
|52-week range||0.9000 - 6.8100|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||3.46|
Waterdrop (NYSE: WDH) was down on an otherwise up Wednesday for stocks. The insurance provider released its latest set of quarterly results, and investors were none too pleased. Waterdrop's unaudited first-quarter figures show that the company earned just under 649 million yuan ($92 million), which was down notably from the more than 883 million yuan ($131 million) it booked in the first quarter of 2021.
Good morning, ladies and gentlemen, and thank you for standing by for Waterdrop Inc.'s fourth quarter and fiscal year 2021 earnings conference call. Hello everyone, thank you for joining Waterdrop's fourth quarter and fiscal year 2021 earnings conference call.
Shares of the Chinese life and health insurance company Waterdrop (NYSE: WDH) jumped more than 20% as of 1:25 p.m. EDT today after the company reported earnings results for the fourth quarter of 2021. Waterdrop broke even in Q4 and generated revenue equivalent to nearly $95 million. Waterdrop generated first-year premiums equivalent to nearly $2.6 billion in 2021, up 13.4% from 2020.