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

March 29, 2022 09:58:38

Shares of UnitedHealth Group Incorporated (DE) (NYSE:UNH) traded today at $519.59, eclipsing its 52-week high. So far today approximately 700,000 shares have been exchanged, as compared to an average 30-day volume of 3.1 million shares.

UnitedHealth Group Incorporated (DE) (NYSE:UNH) is currently priced 0.3% above its average consensus analyst price target of $513.47.

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.

Over the past year, UnitedHealth Group Incorporated (DE) has traded in a range of $360.55 to $519.59 and is now at $514.80, 43% above that low.

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