Anthem (ANTM) has risen sharply, recording gains of 0.86% in the past 4 weeks. However, the stock has corrected -0.99% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.41% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.39% and the 50-Day Moving Average is 1.98%.The 200 Day SMA reached 5.34%
Anthem (NYSE:ANTM): After opening at $125.38, the stock dipped to an intraday low of $124.01 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $125.83 and the buying power remained strong till the end. The stock closed at $125.31 for the day, a gain of 0.30% for the day session. The total traded volume was 1,968,246. The stocks close on the previous trading day was $125.31.
Anthem (ANTM) : The highest short term price target forecast on Anthem (ANTM) is $190 and the lowest target price is $133. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $160 with a standard deviation of $17.77.
Anthem, Inc. is a health benefit company. The Company offers a range of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations (PPOs), health maintenance organizations (HMOs), point-of-service (POS), plans, traditional indemnity plans and other hybrid plans, including consumer-driven health plans (CDHPs), and hospital only and limited benefit products. In addition, the Company also provides an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services. The Company provides an array of specialty and other insurance products and services, such as dental, vision, life and disability insurance benefits, radiology benefit management and analytics-driven personal health care.