Unitedhealth Group Inc (NYSE:UNH) shares, rose in value, with the stock price up by 0.02% to the previous day’s close as strong demand from buyers drove the stock to $298.17.
Actively observing the price movement in the last trading, the stock closed the session at $298.11. The PE ratio was 12.46 over 12-month period. Referring to stock’s 52-week performance, its high was $630.73, and the low was $248.88. On the whole, UNH has fluctuated by -27.14% over the past month.
With the market capitalization of Unitedhealth Group Inc currently standing at about $270.48 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 8.40, with its dividend yield at 2.82%.
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 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 5.11, with the price of UNH currently trading nearly -11.59% and -31.98% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 28.41, while the 7-day volatility ratio is showing 0.64% which for the 30-day chart, stands at 5.77%. Furthermore, Unitedhealth Group Inc (UNH)’s beta value is 0.46, and its average true range (ATR) is 18.14.
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 0.02% in last session, and over the past year, it shrunk by -41.32%%.
Data on historical trading for Unitedhealth Group Inc (NYSE:UNH) indicates that the trading volumes over the past 3 months, they’ve averaged 14.29 million. According to company’s latest data on outstanding shares, there are 910.00 million shares outstanding.
Nearly 0.24% of Unitedhealth Group Inc’s shares belong to company insiders and institutional investors own 91.28% of the company’s shares. The stock has fallen by -41.06% 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.
