Tesla, UnitedHealth Group, and Elevance Health are the three Insurance stocks to watch today, according to MarketBeat's stock screener tool. Insurance stocks are equity shares in companies whose primary business is underwriting insurance policies—such as life, health, property, or casualty coverage—and managing the associated risk pools. Their performance depends both on underwriting results (premiums collected versus claims paid) and on investment income from the premiums held before claims are settled. 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.
TSLA stock traded up $10.24 during trading on Friday, hitting $329.65. The company had a trading volume of 93,904,102 shares, compared to its average volume of 98,883,688. The company has a current ratio of 2.00, a quick ratio of 1.54 and a debt-to-equity ratio of 0.07. The company has a market cap of $1.06 trillion, a P/E ratio of 181.13, a P/E/G ratio of 12.17 and a beta of 2.39. The company has a fifty day moving average price of $326.27 and a two-hundred day moving average price of $317.30. Tesla has a fifty-two week low of $182.00 and a fifty-two week 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 $5.62 on Friday, reaching $282.45. The company had a trading volume of 14,902,160 shares, compared to its average volume of 7,804,386. UnitedHealth Group has a 52 week low of $248.88 and a 52 week high of $630.73. The stock's 50 day moving average is $304.47 and its 200-day moving average is $433.39. The stock has a market cap of $256.22 billion, a price-to-earnings ratio of 11.83, a PEG ratio of 1.41 and a beta of 0.45. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.71.
Read Our Latest Research Report on UNH
Elevance Health (ELV)
Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States. The company operates through four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. It offers a variety of health plans and services to program members; health products; an array of fee-based administrative managed care services; and specialty and other insurance products and services, such as stop loss, dental, vision, life, disability, and supplemental health insurance benefits.
Shares of ELV stock traded down $25.58 on Friday, hitting $276.87. 8,379,827 shares of the stock were exchanged, compared to its average volume of 1,670,815. The business has a 50-day moving average of $371.52 and a 200 day moving average of $395.63. Elevance Health has a fifty-two week low of $276.41 and a fifty-two week high of $567.26. The company has a current ratio of 1.44, a quick ratio of 1.43 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $62.55 billion, a P/E ratio of 11.78, a price-to-earnings-growth ratio of 0.88 and a beta of 0.60.
Read Our Latest Research Report on ELV
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