Best Insurance Stocks To Follow Today - July 9th

Tesla, UnitedHealth Group, and SoFi Technologies are the three Insurance stocks to watch today, according to MarketBeat's stock screener tool. Insurance stocks are shares of publicly traded companies whose primary business is providing insurance products, such as life, health, property, and casualty coverage. By buying these stocks, investors gain partial ownership in an insurer and participate in its profits, which depend on underwriting results, investment income, and claims experience. These companies had the highest dollar trading volume of any Insurance stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

NASDAQ TSLA traded down $0.89 on Wednesday, reaching $296.92. 62,843,506 shares of the company's stock traded hands, compared to its average volume of 100,696,323. Tesla has a fifty-two week low of $182.00 and a fifty-two week high of $488.54. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 2.00. The stock has a 50 day moving average price of $321.21 and a 200-day moving average price of $323.29. The firm has a market cap of $956.38 billion, a price-to-earnings ratio of 163.14, a P/E/G ratio of 8.57 and a beta of 2.39.

Read Our Latest Research Report on TSLA

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

Shares of NYSE:UNH traded down $4.75 during mid-day trading on Wednesday, reaching $302.95. 10,051,164 shares of the company were exchanged, compared to its average volume of 7,601,767. UnitedHealth Group has a 1 year low of $248.88 and a 1 year high of $630.73. The firm's 50-day simple moving average is $320.63 and its 200 day simple moving average is $444.69. The firm has a market cap of $274.81 billion, a price-to-earnings ratio of 12.69, a P/E/G ratio of 1.45 and a beta of 0.45. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.85 and a quick ratio of 0.85.

Read Our Latest Research Report on UNH

SoFi Technologies (SOFI)

SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.

SoFi Technologies stock traded up $0.12 during midday trading on Wednesday, hitting $20.07. 52,304,698 shares of the company's stock were exchanged, compared to its average volume of 52,850,897. The stock has a market cap of $22.18 billion, a price-to-earnings ratio of 48.95, a price-to-earnings-growth ratio of 3.26 and a beta of 1.91. The firm's 50 day simple moving average is $14.66 and its 200 day simple moving average is $14.09. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.14 and a current ratio of 0.80. SoFi Technologies has a 12-month low of $6.01 and a 12-month high of $20.89.

Read Our Latest Research Report on SOFI