Centene Corporation (CNC) Shares Slide -6.42%

Centene Corporation (CNC) : During the past 4 weeks, traders have been relatively bearish on Centene Corporation (CNC), hence the stock is down -4.25% 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 -6.36% relative to the S&P 500. The 4-week change in the price of the stock is -1.04% and the stock has fallen -6.42% in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.17% and the 50-Day Moving Average is 4.38%. Centene Corp. is up 13.86% in the last 3-month period. Year-to-Date the stock performance stands at 7.2%.


Centene Corporation (NYSE:CNC): stock turned positive on Friday. Though the stock opened at $69.37, the bulls momentum made the stock top out at $70.81 level for the day. The stock recorded a low of $69.0275 and closed the trading day at $70.55, in the green by 0.84%. The total traded volume for the day was 1,760,639. The stock had closed at $69.96 in the previous days trading.

Centene Corporation is a healthcare company. The Company provides programs and services to Government sponsored healthcare programs. It offers member-focused services by assisting in accessing care, coordinating referrals to related health and social services, and addressing member concerns and questions. It also provides education and outreach programs to inform and assist members in accessing healthcare services. The Company operates in two segments: Managed Care and Specialty Services. The Managed Care segment provides health plan coverage to individuals through Government subsidized programs, including Medicaid, the State Childrens Health Insurance Program (CHIP), Long Term Care (LTC), Foster Care, dual-eligible individuals (Duals) and the Supplemental Security Income Program, also known as the Aged, Blind or Disabled Program (ABD). The Specialty Services segment consists of the Companys specialty companies offering auxiliary healthcare services and products.

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