Cigna Group (NYSE: CI) on Tuesday, plunged -2.12% from the previous trading day, before settling in for the closing price of $314.92. Within the past 52 weeks, CI’s price has moved between $253.95 and $370.83.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 48.25%. The company achieved an average annual earnings per share of 13.55%. With a float of $274.27 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. In terms of profitability, gross margin is 82.8%, operating margin of 3.67%, and the pretax margin is 1.9%.
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 Cigna Group is 1.89%, while institutional ownership is 88.82%. The most recent insider transaction that took place on Aug 19 ’24, was worth 922,152. In this transaction Director of this company sold 2,691 shares at a rate of $342.68, taking the stock ownership to the 17,539 shares. Before that another transaction happened on Aug 19 ’24, when Company’s Director proposed sale 2,691 for $342.68, making the entire transaction worth $922,152.
Cigna Group (CI) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 13.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.14% during the next five years compared to 10.54% growth over the previous five years of trading.
Cigna Group (NYSE: CI) Trading Performance Indicators
Cigna Group (CI) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.40. Likewise, its price to free cash flow for the trailing twelve months is 10.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.71, a number that is poised to hit 7.23 in the next quarter and is forecasted to reach 31.84 in one year’s time.
Technical Analysis of Cigna Group (CI)
Compared to the last year’s volume of 1.51 million, its volume of 1.7 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 2.62%. Additionally, its Average True Range was 7.39.
During the past 100 days, Cigna Group’s (CI) raw stochastic average was set at 0.59%, which indicates a significant decrease from 0.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.20% in the past 14 days, which was higher than the 22.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $347.35, while its 200-day Moving Average is $340.60. Nevertheless, the first resistance level for the watch stands at $312.94 in the near term. At $317.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $320.19. If the price goes on to break the first support level at $305.69, it is likely to go to the next support level at $303.15. Now, if the price goes above the second support level, the third support stands at $298.44.
Cigna Group (NYSE: CI) Key Stats
Market capitalization of the company is 86.17 billion based on 279,549K outstanding shares. Right now, sales total 195,265 M and income totals 5,164 M. The company made 60,523 M in profit during its latest quarter, and 1,548 M in sales during its previous quarter.
