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UnitedHealth (UNH) Catches Eye: Stock Jumps 5.5%
UnitedHealth Group Incorporated (UNH - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $191.75 to $200.48 in the past one-month time frame.
The move came after the company reported that its core insurance and health-services businesses grew in the third quarter.
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for DryShips. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
UnitedHealth currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
UnitedHealth Group Incorporated Price
UnitedHealth Group Incorporated Price | UnitedHealth Group Incorporated Quote
A better-ranked stock in the Medical - HMOs industry is Centene Corporation (CNC - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is UNH going up? Or down? Predict to see what others think: Up or Down
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