Centene Stock Hits New 52-Week High (CNC)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Friday as it is currently trading at $50.02, above its previous 52-week high of $50 with 59,154 shares traded as of 9:39 a.m. ET. Average volume has been 498,900 shares over the past 30 days.
Centene has a market cap of $2.22 billion and is part of the
sector and
industry. Shares are up 25.7% year to date as of the close of trading on Thursday.
Centene Corporation operates as a multiline healthcare company in the United States. It operates through two segments, Medicaid Managed Care and Specialty Services. The company has a P/E ratio of 23, above the average health services industry P/E ratio of 21.5 and above the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
TheStreet Ratings rates Centene as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
.
See all
52-week high stocks
or get investment ideas from our
.
null
