UnitedHealth Group Reaches New 52-Week High (UNH)

NEW YORK ( TheStreet) -- UnitedHealth Group (NYSE: UNH) hit a new 52-week high Thursday as it is currently trading at $56.92, above its previous 52-week high of $56.34 with 2.4 million shares traded as of 10 a.m. ET. Average volume has been 6.8 million shares over the past 30 days.

UnitedHealth Group has a market cap of $54.72 billion and is part of the health care sector and health services industry. Shares are up 9.4% year to date as of the close of trading on Wednesday.

UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company has a P/E ratio of 11.7, above the average health services industry P/E ratio of 10.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates UnitedHealth Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full UnitedHealth Group Ratings Report.

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