Tag Archives: Stock Price

UnitedHealth stock hits all-time high

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https://www.beckershospitalreview.com/payer-issues/unitedhealth-stock-hits-all-time-high.html

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UnitedHealth Group’s stock hit a 52-week high of $269.14 on Aug. 28.

Over the past month, UnitedHealth’s stock has increased 2.8 percent, according to Zacks.com. Since the beginning of the year, the health insurer has gained 19.9 percent.

UnitedHealth’s stock has outperformed its sector due to consistently positive earnings. The health insurer has not missed Zacks.com’s earnings consensus in the last four quarters. By the end of this fiscal year, UnitedHealth is projected to record earnings of $12.72 per share on $224.86 billion in revenues.

 

 

Shares of CHS continue to slide

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https://www.beckershospitalreview.com/finance/shares-of-chs-continue-to-slide.html

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Shares of Franklin, Tenn.-based Community Health Systems closed July 3 at $3.06, their lowest closing price ever and down 2.2 percent from the day prior.

The 119-hospital chain’s stock price traded as low as $2.82 on July 3 after closing July 2 at $3.13 per share. CHS’ shares have lost 34 percent of their value since hitting $4.64 on June 20, according to Seeking Alpha.

CHS’ share price began sinking June 29 after the company priced a new offering of approximately $1.03 billion of senior secured notes after markets closed June 28. The company intends to use the proceeds to pay off about $1.01 billion in outstanding term loans and related expenses.