A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Unitedhealth Group Inc’s current trading price is -62.30% away from its 52-week high, while its distance from the 52-week low is -4.03%. The stock’s price range for this time frame has been between $247.75 and $630.73. The trading volume of the company’s shares in the Healthcare reached around 39.82 million for the day, which was evidently higher than the average daily volume of 19.48 million over the last three months.
Currently, the stock price of Unitedhealth Group Inc (UNH) is $237.77. In the most recent trading session, the stock underwent a significant upswing, peaking at $626.0 after opening at $237.77. The stock touched a low of $198.0 before closing at $249.56.
In terms of market performance, Unitedhealth Group Inc had a somewhat inconsistent run in.
How Financial Performance Impacts Market Capitalization
Unitedhealth Group Inc (UNH) has experienced a quarterly decline of -40.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 215.69B and boasts a workforce of 400000 employees.
Decoding Analysts’ Ratings for Unitedhealth Group Inc
As of right now, 13 analysts are rating Unitedhealth Group Inc as a BUY, 6 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
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 379.03, with a change in price of -242.45. Similarly, Unitedhealth Group Inc recorded 15,143,796 in trading volume during the last 100 days, posting a change of -50.49%.
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 0.83. Similarly, the long-term debt-to-equity ratio is also 0.77.
UNH Stock Stochastic Average
The raw stochastic average for Unitedhealth Group Inc over the last 50 days is presently at 3.45%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 4.28%. Further, the company’s Stochastic %K and %D values for the last 20 days were 6.47% and 6.28%, respectively.
UNH Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -58.74%. However, over the past six months, we’ve seen a stronger performance of -56.42%. The price of UNH leaped by -22.69% over the last 30 days. And in the last five days, it has fallen by -15.40%.
