Insurance Stocks To Research - August 3rd

Key Points

• Tesla, UnitedHealth Group, and Berkshire Hathaway are highlighted as key insurance stocks to watch due to their significant trading volumes and market dynamics.
• Tesla's stock experienced a decline of $5.64, trading at $302.63, with a market capitalization of $976.12 billion and a P/E ratio of 174.93.
• UnitedHealth Group's stock dropped $12.16 to $237.40, with a market cap of $215.36 billion and a relatively low P/E ratio of 10.29, indicating value in comparison to its growth potential.

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 core business is underwriting insurance policies and managing risk pools. They earn revenue both from the premiums paid by policyholders and from investing the “float” (reserves set aside for future claims). As a result, their stock performance depends on underwriting profitability, claims experience, interest-rate movements and broader market conditions. 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.

Tesla stock traded down $5.64 during midday trading on Friday, reaching $302.63. The stock had a trading volume of 88,785,612 shares, compared to its average volume of 91,739,856. Tesla has a 12 month low of $182.00 and a 12 month high of $488.54. The company has a market capitalization of $976.12 billion, a P/E ratio of 174.93, a PEG ratio of 10.63 and a beta of 2.33. The company has a fifty day moving average price of $322.22 and a two-hundred day moving average price of $311.03. The company has a current ratio of 2.04, a quick ratio of 1.55 and a debt-to-equity ratio of 0.07.

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.

UnitedHealth Group stock traded down $12.16 during midday trading on Friday, reaching $237.40. The stock had a trading volume of 39,874,177 shares, compared to its average volume of 15,268,949. UnitedHealth Group has a 12 month low of $234.60 and a 12 month high of $630.73. The company has a market capitalization of $215.36 billion, a P/E ratio of 10.29, a PEG ratio of 1.49 and a beta of 0.43. The company has a fifty day moving average price of $296.86 and a two-hundred day moving average price of $415.36. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.73.

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.

Berkshire Hathaway stock traded up $0.89 during midday trading on Friday, reaching $472.77. The stock had a trading volume of 5,282,567 shares, compared to its average volume of 4,084,114. Berkshire Hathaway has a 12 month low of $406.11 and a 12 month high of $542.07. The company has a market capitalization of $1.02 trillion, a P/E ratio of 12.60, a PEG ratio of 3.29 and a beta of 0.81. The company has a fifty day moving average price of $485.54 and a two-hundred day moving average price of $496.86.

Read Our Latest Research Report on BRK.B

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