Humana (HUM) : Traders are bullish on Humana (HUM) as it has outperformed the S&P 500 by a wide margin of 10.41% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.27%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.71% in the last 1 week, and is up 13.16% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Humana (NYSE:HUM): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $174.34 and $173.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $181.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $178.96, notching a gain of 2.95% for the day. The total traded volume was 2,188,455 . The stock had closed at $173.83 on the previous day.
The stock has recorded a 20-day Moving Average of 7.83% and the 50-Day Moving Average is 1.86%. Humana Inc. is up 5.02% in the last 3-month period. Year-to-Date the stock performance stands at 0.58%.
Humana (HUM) has been rated by 11 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $230 and the lowest price target forecast is $150. The average forecast of all the analysts is $206.91 and the expected standard deviation is $26.3.
Humana Inc. (Humana) is a health and well-being company. The Company operates in three segments: Retail, Employer Group and Healthcare Services. The Companys medical and specialty insurance products allow members to access health care services through its network of health care providers. Its Retail Segment consists of products sold on a retail basis to individuals, including medical and supplemental benefit plans. Its Employer Group segment consists of products sold to employer groups, including medical and supplemental benefit plans, as well as health and wellness products. Its Healthcare Services segment consists of businesses, which offers services, including pharmacy solutions, provider services, home-based services, integrated behavioral health services, and predictive modeling and informatics services to other Humana businesses, as well as external health plan members, external health plans, and other employers or individuals.