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UNH: Riding the Market Waves of Growth and Decline in 2023

HCCC Stock

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -12.68%.However, over the last six months, we can see a stronger performance of -12.40%. Over the last 30 days, the price of UNH has leaped by -3.54%. And in the last five days, it has surged by 0.34%.

Unitedhealth Group Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $554.70 on 12/01/23 and the lowest value was $445.68 on 06/14/23.

52-week price history of UNH Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Unitedhealth Group Inc’s current trading price is -17.12% away from its 52-week high, while its distance from the 52-week low is 3.15%. The stock’s price range during this period has varied between$445.68 and $554.70. The Unitedhealth Group Inc’s shares, which operate in the Healthcare, saw a trading volume of around 3.52 million for the day, a figure considerably lower than their average daily volume of 4.35 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Unitedhealth Group Inc (UNH) has experienced a quarterly decline of -14.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 423.83B and boasts a workforce of 440000 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 514.36, with a change in price of -82.85. Similarly, Unitedhealth Group Inc recorded 3,849,707 in trading volume during the last 100 days, posting a change of -15.27%.

UNH’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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

Unitedhealth Group Inc’s raw stochastic average for the past 50 days is presently 12.16%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 21.72%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 16.21% and 15.03%, respectively.