Molina Healthcare Inc (NYSE:MOH) : During the past 4 weeks, traders have been relatively bearish on Molina Healthcare Inc (NYSE:MOH), hence the stock is down -2.6% 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 -0.51% relative to the S&P 500. The stock has risen by 0.76% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.03% in the past 4 weeks.
The company shares have dropped -28.05% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $82.37 and the one year low was seen on May 19, 2016. The 50-Day Moving Average price is $49.83 and the 200 Day Moving Average price is recorded at $56.33.
The stock has recorded a 20-day Moving Average of 0.2% and the 50-Day Moving Average is 1.3%.
Molina Healthcare Inc (NYSE:MOH): stock turned positive on Friday. Though the stock opened at $49.05, the bulls momentum made the stock top out at $50.28 level for the day. The stock recorded a low of $48.82 and closed the trading day at $50.21, in the green by 2.55%. The total traded volume for the day was 907,906. The stock had closed at $48.96 in the previous days trading.
In an insider trading activity,The director of Molina Healthcare Inc, Romney Ronna sold 250 shares at $62.8 on April 11, 2016. The Insider selling transaction had a total value worth of $15,700. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Molina Healthcare, Inc. provides health care to those receiving Government assistance. The Company offers Medicaid-related solutions for low-income families and individuals, and assists state agencies in their administration of the Medicaid program. The Company operates through two segments: Health Plans segment and Molina Medicaid Solutions segment. The Companys Health Plans segment consists of health plans in around 11 states, and includes its direct delivery business. The Companys direct delivery business consists primarily of the management of a hospital in southern California, and the operation of primary care clinics in several states in which the Company operates. The Companys Molina Medicaid Solutions segment provides business processing and information technology development, and administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, West Virginia, and the United States Virgin Islands, and drug rebate administration services in Florida.