Tesla, UnitedHealth Group, and Berkshire Hathaway 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 underwriting insurance policies—such as life, health, property, and casualty—and investing the premiums they collect. Their financial performance depends both on underwriting results (premiums versus claims and operating costs) and on investment income from the assets they hold. Investors in insurance stocks often look at metrics like loss ratios, combined ratios and interest-rate sensitivity to gauge profitability and risk. 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.
Shares of Tesla stock traded up $11.09 during trading on Wednesday, hitting $319.81. The stock had a trading volume of 63,214,150 shares, compared to its average volume of 107,065,289. The company has a quick ratio of 1.55, a current ratio of 2.04 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $1.03 trillion, a PE ratio of 185.12, a P/E/G ratio of 10.86 and a beta of 2.33. The stock has a 50 day simple moving average of $320.54 and a 200 day simple moving average of $309.49. Tesla has a 1 year low of $191.48 and a 1 year high of $488.54.
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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.
NYSE UNH traded down $4.07 during trading on Wednesday, reaching $246.94. The company's stock had a trading volume of 10,525,415 shares, compared to its average volume of 12,104,388. UnitedHealth Group has a 1-year low of $234.60 and a 1-year high of $630.73. The stock has a market capitalization of $224.00 billion, a PE ratio of 10.69, a PEG ratio of 1.55 and a beta of 0.43. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.73. The business has a 50-day moving average price of $294.89 and a 200-day moving average price of $411.68.
Read Our Latest Research Report on UNH
Berkshire Hathaway (BRK.B)
Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.
BRK.B stock traded up $4.38 on Wednesday, reaching $468.57. 2,888,569 shares of the company were exchanged, compared to its average volume of 4,900,563. Berkshire Hathaway has a 12 month low of $425.60 and a 12 month high of $542.07. The stock's fifty day moving average price is $483.76 and its 200 day moving average price is $496.81. The firm has a market capitalization of $1.01 trillion, a PE ratio of 16.06, a PEG ratio of 3.19 and a beta of 0.81.
Read Our Latest Research Report on BRK.B
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