Unitedhealth Group Inc (NYSE:UNH) shares, rose in value on Wednesday, January 22, with the stock price down by -1.00% to the previous day’s close as strong demand from buyers drove the stock to $519.72.
Actively observing the price movement in the last trading, the stock closed the session at $524.99, falling within a range of $516.02 and $524.44. The value of beta (5-year monthly) was 0.591 whereas the PE ratio was 33.44 over 12-month period. Referring to stock’s 52-week performance, its high was $630.73, and the low was $436.38. On the whole, UNH has fluctuated by 4.00% over the past month.
With the market capitalization of Unitedhealth Group Inc currently standing at about $478.29 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 8.18, with its dividend yield at 1.57%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 452.47B, with a low estimate of 109.26B and a high estimate of 113.91B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 111.66B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that UNH’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.57, with the price of UNH currently trading nearly 0.61% and -5.82% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.61, while the 7-day volatility ratio is showing 3.18% which for the 30-day chart, stands at 2.34%. Furthermore, Unitedhealth Group Inc (UNH)’s beta value is 0.62, and its average true range (ATR) is 15.08.
A comparison of Unitedhealth Group Inc (UNH) with its peers suggests the former has fared considerably weaker in the market. UNH showed an intraday change of -1.00% in last session, and over the past year, it grew by 3.21%%.
Data on historical trading for Unitedhealth Group Inc (NYSE:UNH) indicates that the trading volumes over the past 10 days have averaged 5.41 and over the past 3 months, they’ve averaged 4.80 million. According to company’s latest data on outstanding shares, there are 920.28 million shares outstanding.
Nearly 0.23% of Unitedhealth Group Inc’s shares belong to company insiders and institutional investors own 89.53% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.18 million shares as on 2024-12-31, resulting in a short ratio of 1.2. According to the data, the short interest in Unitedhealth Group Inc (UNH) stood at 89.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 7.92 million. The stock has risen by 2.74% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UNH stock heading into the next quarter.
