Large Inflow of Money Witnessed in Cigna Corporation

Cigna Corporation (CI): $3.55 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 1.07. The value of trades done on upticks was $55.38 million, whereas, trades done on downticks were valued at $51.83 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $6.41 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $6.41 million. Cigna Corporation (CI) fell $1.31 traded at $126.99, a change of -1.02% over the previous day. The stock is -1% for the week.


Cigna Corporation (CI) : 10 Wall Street analysts covering Cigna Corporation (CI) believe that the average level the stock could reach for the short term is $157.7. The maximum price target given is $174 and the minimum target for short term is around $99, hence the standard deviation is calculated at $21.4. The stock has recorded a 20-day Moving Average of 0.61% and the 50-Day Moving Average is 2.37%.

Cigna Corporation (NYSE:CI): The stock opened at $128.82 on Thursday but the bulls could not build on the opening and the stock topped out at $129.28 for the day. The stock traded down to $126.68 during the day, due to lack of any buying support eventually closed down at $127.00 with a loss of -1.01% for the day. The stock had closed at $128.30 on the previous day. The total traded volume was 2,082,692 shares.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.