The Cigna Group (NYSE: CI) on May 23, 2023, started off the session at the price of $254.46, plunging -1.41% from the previous trading day. During the day, the shares moved up to $254.92 and dropped to $251.76 before settling in for the closing price of $255.52. Within the past 52 weeks, CI’s price has moved between $240.11 and $340.11.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Healthcare Sector giant saw their annual sales surged by 33.80% over the last five years. The company achieved an average annual earnings per share of 35.40%. With a float of $293.81 million, this company’s outstanding shares have now reached $295.71 million.
The firm has a total of 71300 workers. Let’s measure their productivity.
The Cigna Group (CI) Breakdown of a Key Holders of the stock
Observing investor behavior towards Healthcare Plans industry stocks is more important than anything else. The insider ownership of The Cigna Group is 0.10%, while institutional ownership is 91.60%. The most recent insider transaction that took place on May 01, was worth 191,741. In this transaction Director of this company sold 757 shares at a rate of $253.29, taking the stock ownership to the 25,558 shares. Before that another transaction happened on Mar 10, when Company’s EVP, Solutions & Corp Devt. sold 2,982 for $271.67, making the entire transaction worth $810,120. This insider now owns 5,403 shares in total.
The Cigna Group (CI) Recent Fiscal highlights
As on 3/30/2023, Multinational firm has announced its last quarter scores, in which it reported $5.41 earnings per share (EPS) for the period topping the consensus outlook (set at $5.22) by $0.19. This company achieved a net margin of +3.70 while generating a return on equity of 14.50. Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.95 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 35.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.06% during the next five years compared to 17.10% growth over the previous five years of trading.
The Cigna Group (NYSE: CI) Trading Performance Indicators
The Cigna Group (CI) is currently performing well based on its current performance indicators. A price to sales ratio for the trailing twelve months stands at 0.41. Likewise, its price to free cash flow for the trailing twelve months is 8.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 21.93, a number that is poised to hit 6.03 in the next quarter and is forecasted to reach 28.21 in one year’s time.
Technical Analysis of The Cigna Group (CI)
Analysing the last 5-days average volume posted by the [The Cigna Group, CI], we can find that recorded value of 1.29 million was lower than the volume posted last year of 1.79 million. As of the previous 9 days, the stock’s Stochastic %D was 11.08%. Additionally, its Average True Range was 6.37.
During the past 100 days, The Cigna Group’s (CI) raw stochastic average was set at 11.68%, which indicates a significant decrease from 38.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.93% in the past 14 days, which was higher than the 26.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $259.42, while its 200-day Moving Average is $292.25. Now, the first resistance to watch is $253.97. This is followed by the second major resistance level at $256.03. The third major resistance level sits at $257.13. If the price goes on to break the first support level at $250.81, it is likely to go to the next support level at $249.71. Now, if the price goes above the second support level, the third support stands at $247.65.
The Cigna Group (NYSE: CI) Key Stats
Market capitalization of the company is 74.93 billion based on 295,872K outstanding shares. Right now, sales total 180,516 M and income totals 6,668 M. The company made 46,517 M in profit during its latest quarter, and 1,267 M in sales during its previous quarter.
