Centene Corporation (CNC) : On Wednesday, The money flowed into the Centene Corporation (CNC) stock with an uptick to downtick ratio was recorded at 2.23. Transactions worth $17.17 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $7.71 million. The total money flow into the stock was $9.46 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $8.95 million of block transactions on upticks. The total money flow in block trades was $8.95 million. In terms of price action, Centene Corporation (CNC) traded down $0.04 during the session at $69.04. Compared to the previous days closing, the stock was down only by -0.06%. For the week, the stock is 0.71%, over previous weeks closing.
Shares of Centene Corp. rose by 1.11% in the last five trading days and 2.31% for the last 4 weeks. Centene Corp. has dropped 2.29% during the last 3-month period . Year-to-Date the stock performance stands at 4.91%.
Centene Corporation (CNC) has an average broker rating of 1.43, which is interpreted as a Strong Buy, as rated by 14 equity analysts. Nonetheless, 11 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Centene Corporation (NYSE:CNC): stock was range-bound between the intraday low of $68.24 and the intraday high of $69.6 after having opened at $69.29 on Wednesdays session. The stock finally closed in the red at $69.29, a loss of -0.06%. The stock remained in the red for the whole trading day. The total traded volume was 680,614 shares. The stock failed to cross $69.6 in Wednesdays trading. The stocks closing price on Thursday was $69.08.
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.