Anthem (ANTM) : During the past 4 weeks, traders have been relatively bearish on Anthem (ANTM), hence the stock is down -9.73% 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 -0.48% relative to the S&P 500. The 4-week change in the price of the stock is -9.39% and the stock has fallen -0.51% in the past 1 week.
Anthem, Inc. has dropped 4.11% during the last 3-month period . Year-to-Date the stock performance stands at -6.2%. The stock has recorded a 20-day Moving Average of 0.93% and the 50-Day Moving Average is 1.31%.
Anthem (NYSE:ANTM): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $129.08 and $128.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $129.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $129.52, notching a gain of 0.07% for the day. The total traded volume was 1,795,170 . The stock had closed at $129.43 on the previous day.
Also, Equity analysts at the Brokerage firm Barclays maintains its rating on Anthem (NYSE:ANTM). The rating major has initiated the coverage with equalweight rating on the shares. The Analysts at Barclays lowers the price target from $158 per share to $151 per share. The rating by the firm was issued on July 28, 2016.
Anthem, Inc. is a health benefit company. The Company offers a range of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations (PPOs), health maintenance organizations (HMOs), point-of-service (POS), plans, traditional indemnity plans and other hybrid plans, including consumer-driven health plans (CDHPs), and hospital only and limited benefit products. In addition, the Company also provides an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services. The Company provides an array of specialty and other insurance products and services, such as dental, vision, life and disability insurance benefits, radiology benefit management and analytics-driven personal health care.