Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Unitedhealth Group Inc’s current trading price is -11.78% away from its 52-week high, while its distance from the 52-week low is 9.80%. The stock’s price range during this period has varied between $445.68 and $554.70. The company, active in the Healthcare sector, saw a trading volume of around 4.09 million for the day, considerably higher average daily volume of 4.06 million observed over the last three months.
Unitedhealth Group Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $554.70 on 12/01/23, while the lowest price during the same period was $445.68 on 06/14/23.
How Financial Performance Impacts Market Capitalization
Unitedhealth Group Inc (UNH) has experienced a quarterly decline of -10.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 451.15B and boasts a workforce of 440000 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 524.31, with a change in price of -47.30. Similarly, Unitedhealth Group Inc recorded 3,514,435 in trading volume during the last 100 days, posting a change of -8.81%.
How UNH’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for UNH stands at 0.76. Similarly, the long-term debt-to-equity ratio is also 0.70.
UNH Stock Stochastic Average
As of today, the raw stochastic average of Unitedhealth Group Inc over the last 50 days is at 26.18%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 32.75%. Further, the company’s Stochastic %K and %D values for the last 20 days were 26.05% and 19.57%, respectively.
UNH Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -7.05%. However, over the past six months, we’ve seen a weaker performance of 2.08%. The price of UNH leaped by -5.57% over the last 30 days. And in the last five days, it has surged by 3.42%.
