WebMD Health Corp (WBMD) Shares are Down -10.84%

WebMD Health Corp (WBMD) : During the past 4 weeks, traders have been relatively bearish on WebMD Health Corp (WBMD), hence the stock is down -13.46% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -10.89% relative to the S&P 500. The 4-week change in the price of the stock is -12.56% and the stock has fallen -10.84% in the past 1 week.

The stock has recorded a 20-day Moving Average of 10.49% and the 50-Day Moving Average is 11.68%. WebMD Health Corp (NASDAQ:WBMD): On Fridays trading session , Opening price of the stock was $53.51 with an intraday high of $53.98. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $53.24. However, the stock managed to close at $53.45, a loss of 0.41% for the day. On the previous day, the stock had closed at $53.67. The total traded volume of the day was 622,718 shares.


The company Insiders own 9% of WebMD Health Corp shares according to the proxy statements. Institutional Investors own 81.56% of WebMD Health Corp shares. Also, Equity Analysts at the Brokerage Firm, Citigroup, maintains their rating on the shares of WebMD Health Corp (NASDAQ:WBMD). Citigroup has a Neutral rating on the shares. As per the latest research report, the brokerage house raises the price target to $64 per share from a prior target of $62. The rating by the firm was issued on August 9, 2016.

WebMD Health Corp. is a provider of health information services. The Company provides its services to consumers, physicians and other healthcare professionals, employers and health plans through its public and private online portals, mobile platforms and health-focused publications. The WebMD Health Network includes: www.WebMD.com, its primary public portal for consumers and related mobile-optimized sites and mobile apps; www.Medscape.com, its primary public portal for physicians and other healthcare professionals and related mobile services; and other sites through which, it provides its branded health and wellness content, tools and services. It also offers WebMD Health Services to employers and health plans for use by their employees and members. The Company also offers Information Services under, which it sells certain information products and services on a standalone basis.

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