Anthem (NYSE:ANTM) : During the past 4 weeks, traders have been relatively bearish on Anthem (NYSE:ANTM), hence the stock is down -1.12% 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 -0.91% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.36% in the last 1 week, and is up 0.48% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -15.53% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $161.80 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $131.14 and the 200 Day Moving Average price is recorded at $135.39.
The stock has recorded a 20-day Moving Average of 1.33% and the 50-Day Moving Average is 0.86%.
Anthem (NYSE:ANTM): stock turned positive on Friday. Though the stock opened at $130.29, the bulls momentum made the stock top out at $132.87 level for the day. The stock recorded a low of $128.74 and closed the trading day at $132.15, in the green by 2.09%. The total traded volume for the day was 1,721,657. The stock had closed at $129.44 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP & Chief Administrative Off) of Anthem, Inc., Mccarthy Gloria M had sold 4,786 shares worth of $628,498 in a transaction dated July 1, 2016. In this transaction, 4,786 shares were sold at $131.32 per share.
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.