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Insurance Stocks To Watch Today - June 29th

Tesla logo with Auto/Tires/Trucks background

Tesla, UnitedHealth Group, and Progressive are the three Insurance stocks to watch today, according to MarketBeat's stock screener tool. Insurance stocks are publicly traded shares of companies that underwrite and sell life, health, property and casualty insurance policies. These firms earn revenue by collecting premiums, investing the float and paying out claims. Investors in insurance stocks often seek stable dividends and relatively low volatility, though returns can fluctuate with underwriting cycles and interest-rate movements. 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 NASDAQ TSLA traded down $2.15 during mid-day trading on Friday, reaching $323.63. 88,778,334 shares of the company's stock were exchanged, compared to its average volume of 101,976,695. The business has a fifty day simple moving average of $314.93 and a 200 day simple moving average of $329.82. Tesla has a twelve month low of $182.00 and a twelve month high of $488.54. The firm has a market capitalization of $1.04 trillion, a price-to-earnings ratio of 177.82, a PEG ratio of 12.10 and a beta of 2.47. The company has a current ratio of 2.00, a quick ratio of 1.54 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.

UNH stock traded up $6.23 during mid-day trading on Friday, reaching $308.85. The company had a trading volume of 13,584,804 shares, compared to its average volume of 7,404,577. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a 50 day simple moving average of $336.21 and a two-hundred day simple moving average of $453.97. The company has a market capitalization of $280.17 billion, a price-to-earnings ratio of 12.93, a PEG ratio of 1.46 and a beta of 0.44. UnitedHealth Group has a 52 week low of $248.88 and a 52 week high of $630.73.

Read Our Latest Research Report on UNH

Progressive (PGR)

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property.

PGR stock traded up $2.23 during mid-day trading on Friday, reaching $263.85. The company had a trading volume of 12,464,473 shares, compared to its average volume of 2,757,158. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.29 and a quick ratio of 0.29. The stock has a 50 day simple moving average of $274.46 and a two-hundred day simple moving average of $264.91. The company has a market capitalization of $154.68 billion, a price-to-earnings ratio of 17.79, a PEG ratio of 1.62 and a beta of 0.40. Progressive has a 52 week low of $207.48 and a 52 week high of $292.99.

Read Our Latest Research Report on PGR

See Also

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