Cigna Corporation (CI) : During the past 4 weeks, traders have been relatively bearish on Cigna Corporation (CI), hence the stock is down -9.25% 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 -0.2% relative to the S&P 500. The 4-week change in the price of the stock is -8.9% and the stock has fallen -0.23% in the past 1 week.
Cigna Corp. is up 1.31% in the last 3-month period. Year-to-Date the stock performance stands at -9.08%. The stock has recorded a 20-day Moving Average of 0.98% and the 50-Day Moving Average is 2.29%.
Cigna Corporation (NYSE:CI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $132.20 and $131.84 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $133.34. The buying momentum continued till the end and the stock did not give up its gains. It closed at $133.00, notching a gain of 0.29% for the day. The total traded volume was 1,077,917 . The stock had closed at $132.62 on the previous day.
Also, Equity analysts at the Brokerage firm Citigroup maintains its rating on Cigna Corporation (NYSE:CI). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Citigroup raises the price target from $174 per share to $146 per share. The rating by the firm was issued on August 3, 2016.
Cigna Corporation (Cigna), together with its subsidiaries, is a health services company. The Company offers medical, dental, disability, life and accident insurance and related products and services. The Company operates in three segments: Global Health Care, Global Supplemental Benefits and Group Disability and Life. The Global Health Care segment aggregates the commercial and Government operating segments. The Global Supplemental Benefits segment offers supplemental health, life and accident insurance products. The Group Disability and Life segment provides group long-term and short-term disability insurance, group life insurance, accident and specialty insurance and related services. Cigna offers commercial health and dental insurance, Medicare and Medicaid products and health, life and accident insurance coverages to individuals. It offers personal accident insurance coverage, consisting of accidental death and dismemberment and travel accident insurance.