THW Stock Summary and Trading Ideas (Tekla World Health Care | NYSE:THW)

Tekla World Healthcare Fund (THW) is a non-diversified, closed-end fund that invests primarily in the healthcare industry.

Tekla World Health Care trades on the NYSE stock market under the symbol THW.

As of April 19, 2024, THW stock price climbed to $12.57 with 33,407 million shares trading.

THW has a beta of 1.31, meaning it tends to be more sensitive to market movements. THW has a correlation of 0.43 to the broad based SPY ETF.

THW has a market cap of $480.73 million. This is considered a Small Cap stock.

In the last 3 years, THW stock traded as high as $17.38 and as low as $9.76.

THW has underperformed the market in the last year with a return of -4.6%, while the SPY ETF gained +21.9%. In the last 3 month period, THW fell short of the market, returning +2.9%, while SPY returned +4.8%. However, in the most recent 2 weeks THW has outperformed the stock market by returning -0.6%, while SPY returned -2.9%.

THW support price is $12.34 and resistance is $12.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that THW stock will trade within this expected range on the day.