UnitedHealth Group Stock Hits New 52-Week High (UNH)

NEW YORK ( TheStreet) -- UnitedHealth Group (NYSE: UNH) hit a new 52-week high Thursday as it traded at $44.35 compared with its previous 52-Week high of $44.33. UnitedHealth Group is changing hands at $44.35 with 3.2 million shares traded as of 11:12 a.m. ET. Average volume has been 7.3 million shares over the past 30 days.

UnitedHealth Group has a market cap of $46.4 billion and is part of the health care sector and health services industry. Shares are up 20.6% year to date as of the close of trading on Wednesday.

UnitedHealth Group Incorporated provides healthcare services in the United States. The company has a P/E ratio of 10.3, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 21.5.

TheStreet Ratings rates UnitedHealth Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full UnitedHealth Group Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

null

More from Markets

Jim Cramer: Oil Needs to Go Down to See Worldwide Growth Pick Up

Jim Cramer: Oil Needs to Go Down to See Worldwide Growth Pick Up

Jim Cramer on the Problem With the Case for More Rate Hikes

Jim Cramer on the Problem With the Case for More Rate Hikes

Video: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

Video: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

'Strong Case for More Rate Hikes,' Says Fed Chair Jerome Powell

'Strong Case for More Rate Hikes,' Says Fed Chair Jerome Powell

Fed Chief Uncertain About Policy-Making as Unemployment Hits 18-Year Low

Fed Chief Uncertain About Policy-Making as Unemployment Hits 18-Year Low