NEW YORK (

TheStreet

) --

WellCare Health Plans

(NYSE:

WCG

) hit a new 52-week high Monday as it is currently trading at $56.58, above its previous 52-week high of $56.30 with 134,117 shares traded as of 10:36 a.m. ET. Average volume has been 623,000 shares over the past 30 days.

WellCare Health Plans has a market cap of $2.36 billion and is part of the

health care

sector and

health services

industry. Shares are up 74.1% year to date as of the close of trading on Friday.

WellCare Health Plans, Inc. provides managed care services for government-sponsored healthcare programs in the United States. The company has a P/E ratio of 11.2, below the average health services industry P/E ratio of 11.6 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates WellCare Health Plans as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

WellCare Health Plans Ratings Report

.

See all

52-week high stocks

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