Tesla, CyberArk Software, and UnitedHealth Group are the three Insurance stocks to watch today, according to MarketBeat's stock screener tool. Insurance stocks are shares of publicly traded companies whose primary business is underwriting and selling insurance policies, including life, health, property, and casualty coverage. Investors in these stocks gain exposure to the insurers’ combined earnings from policy premiums (underwriting profit) and the investment income generated by holding policyholders’ funds (“float”). Because underwriting results and investment returns can vary with economic cycles and interest rates, insurance stocks often exhibit unique risk-return profiles compared with other financial-sector equities. 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 traded down $2.58 during mid-day trading on Wednesday, hitting $318.63. The stock had a trading volume of 72,266,158 shares, compared to its average volume of 108,095,383. The stock's fifty day simple moving average is $323.92 and its 200-day simple moving average is $313.10. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.04 and a quick ratio of 1.55. The firm has a market capitalization of $1.03 trillion, a price-to-earnings ratio of 182.74, a price-to-earnings-growth ratio of 11.13 and a beta of 2.39. Tesla has a 1-year low of $182.00 and a 1-year high of $488.54.
Read Our Latest Research Report on TSLA
CyberArk Software (CYBR)
CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sells software-based identity security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager, which offers risk-based credential security and session; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide secure access to third-party vendors; Dynamic Privileged Access, a SaaS solution that provides just-in-time access to Linux Virtual Machines; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Secure Desktop, a solution that protects access to endpoints.
CYBR traded up $0.27 during mid-day trading on Wednesday, hitting $434.75. The stock had a trading volume of 12,913,968 shares, compared to its average volume of 781,741. CyberArk Software has a 1-year low of $230.00 and a 1-year high of $452.00. The stock's fifty day simple moving average is $388.96 and its 200-day simple moving average is $366.53. The firm has a market capitalization of $21.49 billion, a price-to-earnings ratio of -232.22 and a beta of 1.00.
Read Our Latest Research Report on CYBR
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 $5.39 during midday trading on Wednesday, reaching $266.46. 19,076,832 shares of the company were exchanged, compared to its average volume of 11,651,425. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.71. UnitedHealth Group has a fifty-two week low of $248.88 and a fifty-two week high of $630.73. The stock has a fifty day simple moving average of $299.69 and a two-hundred day simple moving average of $421.43. The firm has a market cap of $241.71 billion, a PE ratio of 11.13, a P/E/G ratio of 1.40 and a beta of 0.45.
Read Our Latest Research Report on UNH
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Tesla, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tesla wasn't on the list.
While Tesla currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
