Cigna Corporation (NYSE:CI) : During the past 4 weeks, traders have been relatively bearish on Cigna Corporation (NYSE:CI), hence the stock is down -0.42% 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 -0.24% 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 1.04% in the last 1 week, and is up 1.19% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -16.41% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $158.00 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $128.09 and the 200 Day Moving Average price is recorded at $134.99.
The stock has recorded a 20-day Moving Average of 1.59% and the 50-Day Moving Average is 0.16%.
Cigna Corporation (NYSE:CI): stock turned positive on Friday. Though the stock opened at $127.8, the bulls momentum made the stock top out at $129.9 level for the day. The stock recorded a low of $126.4 and closed the trading day at $129.6, in the green by 2.05%. The total traded volume for the day was 2,226,345. The stock had closed at $127 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 director officer (President & CEO) of Cigna Corp, Cordani David had sold 71,006 shares worth of $9,881,195 in a transaction dated March 4, 2016. In this transaction, 71,006 shares were sold at $139.16 per share.
Cigna Corporation (Cigna), together with its subsidiaries, is a health services company. The Company offers medical, dental, disability, life and accident insurance and related products and services. The Company operates in three segments: Global Health Care, Global Supplemental Benefits and Group Disability and Life. The Global Health Care segment aggregates the commercial and Government operating segments. The Global Supplemental Benefits segment offers supplemental health, life and accident insurance products. The Group Disability and Life segment provides group long-term and short-term disability insurance, group life insurance, accident and specialty insurance and related services. Cigna offers commercial health and dental insurance, Medicare and Medicaid products and health, life and accident insurance coverages to individuals. It offers personal accident insurance coverage, consisting of accidental death and dismemberment and travel accident insurance.