Cigna Stock Hits New 52-Week High (CI)

NEW YORK ( TheStreet) -- Cigna (NYSE: CI) hit a new 52-week high Wednesday as it is currently trading at $85.04, above its previous 52-week high of $84.80 with 106,835 shares traded as of 9:50 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.

Cigna has a market cap of $23.25 billion and is part of the health care sector and health services industry. Shares are up 57.3% year to date as of the close of trading on Tuesday.

Cigna Corporation, a health services organization, provides insurance and related products and services in the United States and internationally. The company has a P/E ratio of 12.8, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Cigna 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, growth in earnings per share 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 Cigna Ratings Report.

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