NEW YORK ( TheStreet) -- WellCare Health Plans (NYSE: WCG) hit a new 52-week high Wednesday as it is currently trading at $60.34, above its previous 52-week high of $59.92 with 6,611 shares traded as of 9:30 a.m. ET. Average volume has been 557,400 shares over the past 30 days. WellCare Health Plans has a market cap of $2.5 billion and is part of the health care sector and health services industry. Shares are up 13.8% year to date as of the close of trading on Tuesday. 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 12.3, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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