UnitedHealth Group, Alphabet, and Hims & Hers Health are the three Healthcare stocks to watch today, according to MarketBeat's stock screener tool. Healthcare stocks are equity shares of companies operating within the healthcare sector, including pharmaceutical firms, biotechnology companies, medical device manufacturers and healthcare service providers. Their performance is driven by factors such as drug approvals, medical innovation, regulatory changes and demographic trends. Because demand for medical products and services tends to remain steady even in economic downturns, healthcare stocks often exhibit defensive characteristics in a diversified portfolio. These companies had the highest dollar trading volume of any Healthcare stocks within the last several days.
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 up $16.89 during mid-day trading on Friday, reaching $291.24. The stock had a trading volume of 70,463,502 shares, compared to its average volume of 5,862,885. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.91 and a current ratio of 0.83. The firm has a market capitalization of $264.20 billion, a price-to-earnings ratio of 18.79, a PEG ratio of 1.37 and a beta of 0.56. UnitedHealth Group has a twelve month low of $248.88 and a twelve month high of $630.73. The business has a 50 day simple moving average of $470.82 and a 200 day simple moving average of $513.95.
Read Our Latest Research Report on UNH
Alphabet (GOOGL)
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.
NASDAQ:GOOGL traded up $2.23 during mid-day trading on Friday, reaching $166.19. The stock had a trading volume of 42,579,974 shares, compared to its average volume of 29,063,600. The business has a 50 day simple moving average of $158.21 and a 200 day simple moving average of $175.00. Alphabet has a twelve month low of $140.53 and a twelve month high of $207.05. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.84 and a current ratio of 1.84. The firm has a market capitalization of $2.02 trillion, a price-to-earnings ratio of 20.64, a PEG ratio of 1.34 and a beta of 1.01.
Read Our Latest Research Report on GOOGL
Hims & Hers Health (HIMS)
Hims & Hers Health, Inc. operates a telehealth consultation platform. It connects consumers to healthcare professionals, enabling them to access medical care for mental health, sexual health, dermatology and primary care. The company was founded in 2017 and is headquartered in San Francisco, CA.
Shares of HIMS stock traded up $5.87 during midday trading on Friday, reaching $64.45. 50,717,275 shares of the company traded hands, compared to its average volume of 19,342,971. The firm's 50 day simple moving average is $35.44 and its two-hundred day simple moving average is $33.69. Hims & Hers Health has a 1-year low of $13.47 and a 1-year high of $72.98. The firm has a market cap of $14.43 billion, a PE ratio of 146.47 and a beta of 1.84.
Read Our Latest Research Report on HIMS
Further Reading
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