UnitedHealth Group Incorporated (UNH) has risen sharply, recording gains of 1.22% in the past 4 weeks. However, the stock has corrected -0.15% in the past 1 week, providing a good buying opportunity on dips. UnitedHealth Group Incorporated (UNH) : During the past 4 weeks, traders have been relatively bearish on UnitedHealth Group Incorporated (UNH), hence the stock is down -1.24% 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 -0.57% relative to the S&P 500.
UnitedHealth Group Incorporated (NYSE:UNH): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $143.33 and $142.40 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $143.54. The buying momentum continued till the end and the stock did not give up its gains. It closed at $142.99, notching a gain of 0.20% for the day. The total traded volume was 2,000,143 . The stock had closed at $142.71 on the previous day.
The stock has recorded a 20-day Moving Average of 0.65% and the 50-Day Moving Average is 2.53%. UnitedHealth Group Incorporated is up 8.79% in the last 3-month period. Year-to-Date the stock performance stands at 22.61%.
UnitedHealth Group Incorporated (UNH) stock is expected to deviate a maximum of $15.44 from the average target price of $155.83 for the short term period. 18 Street Experts have initiated coverage on the stock with the most promising target being $172 and the most muted being $105.
UnitedHealth Group Incorporated is a health and well-being company. The Companys business platforms include UnitedHealthcare and Optum. UnitedHealthcare provides health care benefits to various customers and markets. Optum is a health services business serving the health care marketplace, including payers, care providers, employers, Governments, life sciences companies and consumers. The Companys business platforms have four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. UnitedHealthcare includes UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement, UnitedHealthcare Community & State and UnitedHealthcare Global. OptumHealth is a health and wellness business serving the physical, emotional and financial needs of individuals. OptumInsight provides technology, operational and consulting services to participants in the health care industry. OptumRx provides a range of pharmacy benefit management (PBM) services.