Aetna (AET) Shares Slide -4.36%

Aetna (AET) : During the past 4 weeks, traders have been relatively bearish on Aetna (AET), hence the stock is down -7.07% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.3% relative to the S&P 500. The 4-week change in the price of the stock is -3.95% and the stock has fallen -4.36% in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.25% and the 50-Day Moving Average is 2.01%. Aetna Inc. is up 2.84% in the last 3-month period. Year-to-Date the stock performance stands at 7.29%.


Aetna (NYSE:AET): On Fridays trading session , Opening price of the stock was $114.09 with an intraday high of $116.55. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $114.09. However, the stock managed to close at $115.21, a loss of 0.50% for the day. On the previous day, the stock had closed at $115.79. The total traded volume of the day was 2,520,746 shares.

Also, Major Brokerage house, Wolfe Research downgrades its ratings on Aetna (NYSE:AET). According to the latest information available, the shares are now rated Peer Perform by the analysts at the agency. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on July 21, 2016.

Aetna Inc. is a diversified health care benefits company. The Company offers a range of traditional, voluntary and consumer-directed health insurance products and related services. The Companys operations are conducted in three business segments: Health Care, Group Insurance and Large Case Pensions. The Companys Health Care segment includes medical, pharmacy benefit management services, dental, behavioral health and vision plans. The Companys Group Insurance segments products consist primarily of Life Insurance Products, Disability Insurance Products and Long-Term Care Insurance Products. The Companys Large Case Pensions segment manages a variety of retirement products (including pension and annuity products) primarily for tax-qualified pension plans. The Companys customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, Governmental units, Government-sponsored plans, labor groups and expatriates.

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