UnitedHealth Group Incorporated (UNH) is an interesting player in the Healthcare space, with a focus on Health Care Plans. The stock has been active on the tape, currently trading at $222.77, down from yesterday’s close by -1.18%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.Fundamental Analysis
UnitedHealth Group Incorporated (UNH) currently trades with a market capitalization of $214.90 Billion. That value represents a market adjusting for revenues that have been growing by 9.52 % on a quarterly year/year basis as of the company’s last quarterly report.
You can get a sense of how sustainable that is by a levered free cash flow of $11.57 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $2.91 on a per share basis this quarter. Perhaps, that suggests something about why 0.85% of the outstanding share supply is held by institutional investors.
No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, UnitedHealth Group Incorporated recorded a 52-week high of $250.79. It is now trading 28.02% off that level. The stock is trading $229.88 its 50-day moving average by 7.11%. The stock carved out a 52-week low down at $162.74.
In recent action, UnitedHealth Group Incorporated (UNH) has made a move of +0.82% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 17.8, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.87% with $952.27 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of UNH.