CI (Cigna Group) dropped -0.15 at the last close: Is This Today’s Most Popular Stock?

Cigna Group (NYSE: CI) kicked off on Tuesday, down -0.15% from the previous trading day, before settling in for the closing price of $353.18. Over the past 52 weeks, CI has traded in a range of $240.50-$365.71.

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

Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 48.25%. While this was happening, its average annual earnings per share was recorded 13.29%. With a float of $278.49 million, this company’s outstanding shares have now reached $292.50 million.

Considering the fact that the conglomerate employs 72500 people, you should pay attention to its efficiency factor.

Cigna Group (CI) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Healthcare Plans Industry. The insider ownership of Cigna Group is 1.82%, while institutional ownership is 91.60%. The most recent insider transaction that took place on Mar 25 ’24, was worth 11,084,357. In this transaction Chairman & CEO of this company sold 31,209 shares at a rate of $355.17, taking the stock ownership to the 348,054 shares. Before that another transaction happened on Mar 22 ’24, when Company’s Chairman & CEO sold 6,338 for $355.11, making the entire transaction worth $2,250,682. This insider now owns 348,054 shares in total.

Cigna Group (CI) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 13.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.95% during the next five years compared to 10.54% growth over the previous five years of trading.

Cigna Group (NYSE: CI) Trading Performance Indicators

Take a look at Cigna Group’s (CI) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51. Likewise, its price to free cash flow for the trailing twelve months is 9.77.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 17.39, a number that is poised to hit 6.22 in the next quarter and is forecasted to reach 32.00 in one year’s time.

Technical Analysis of Cigna Group (CI)

Compared to the last year’s volume of 1.59 million, its volume of 1.39 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 50.94%. Additionally, its Average True Range was 5.30.

During the past 100 days, Cigna Group’s (CI) raw stochastic average was set at 88.31%, which indicates a significant increase from 37.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.67% in the past 14 days, which was lower than the 33.19% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $348.45, while its 200-day Moving Average is $306.88. Nevertheless, the first resistance level for the watch stands at $355.94 in the near term. At $359.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $361.26. If the price goes on to break the first support level at $350.62, it is likely to go to the next support level at $348.60. Now, if the price goes above the second support level, the third support stands at $345.30.

Cigna Group (NYSE: CI) Key Stats

The company with the Market Capitalisation of 100.03 billion has total of 292,355K Shares Outstanding. Its annual sales at the moment are 195,265 M in contrast with the sum of 5,164 M annual income. Company’s last quarter sales were recorded 51,114 M and last quarter income was 1,029 M.