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 and selling insurance policies, such as life, health, property, and casualty coverage. Investors in these stocks earn returns through a combination of premium income growth, investment income on insurers’ reserve funds, and potential dividend payouts. The performance of insurance stocks is influenced by factors like claim frequency, interest rate trends, and regulatory changes. 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 down $9.94 during trading on Wednesday, hitting $334.33. The company's stock had a trading volume of 80,529,685 shares, compared to its average volume of 98,154,214. Tesla has a 52 week low of $167.41 and a 52 week high of $488.54. The company has a market capitalization of $1.08 trillion, a PE ratio of 163.89, a P/E/G ratio of 5.86 and a beta of 2.43. The company has a fifty day simple moving average of $289.75 and a two-hundred day simple moving average of $334.35. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02.
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.
Shares of NYSE UNH traded up $0.42 on Wednesday, reaching $301.64. 8,743,043 shares of the company's stock traded hands, compared to its average volume of 6,885,843. The company has a market cap of $273.63 billion, a price-to-earnings ratio of 19.46, a price-to-earnings-growth ratio of 1.37 and a beta of 0.56. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. UnitedHealth Group has a 12 month low of $248.88 and a 12 month high of $630.73. The business's 50 day simple moving average is $422.31 and its two-hundred day simple moving average is $489.42.
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.
Shares of Berkshire Hathaway stock traded down $5.89 on Wednesday, reaching $491.94. The company's stock had a trading volume of 3,454,189 shares, compared to its average volume of 4,346,296. The company has a market capitalization of $1.06 trillion, a price-to-earnings ratio of 9.94, a P/E/G ratio of 3.45 and a beta of 0.85. Berkshire Hathaway has a 52 week low of $403.33 and a 52 week high of $542.07. The firm's fifty day simple moving average is $515.84 and its two-hundred day simple moving average is $490.53.
Read Our Latest Research Report on BRK.B
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