Shares of UnitedHealth Group Incorporated (DE) (UNH) Have Risen Above Previous 52-Week High

March 25, 2022 10:26:29

Shares of UnitedHealth Group Incorporated (DE) (NYSE:UNH) traded today at $516.53, eclipsing its 52-week high. This new high was reached on below average trading volume as 407,000 shares traded hands, while the average 30-day volume is approximately 3.1 million shares.

Based on a current price of $515.52, UnitedHealth Group Incorporated (DE) is currently 2.5% above its average consensus analyst price target of $502.62.

UnitedHealth Group is one of the largest private health insurers, providing medical benefits to 50 million members globally, including 5 million outside the U.S. at the end of 2021. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth’s continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.

In the past 52 weeks, shares of UnitedHealth Group Incorporated (DE) have traded between a low of $360.55 and a high of $516.53 and is now at $515.52, which is 43% above that low price.

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