UnitedHealth Stock Dips, Trades Near Day’s Low After Morning High
MINNETONKA, Minn. – Shares of UnitedHealth Group Inc (NYSE: UNH), a major player in the health insurance sector, experienced a decline during Friday’s trading session, slipping into negative territory by the early afternoon.
As of 1:20 PM GMT-4 on April 28th, the company’s stock was trading at 417.26 USD. This price represents a decrease of -1.38 USD, or 0.33 percent, compared to the previous closing price of 418.64 USD.
The trading day started with UnitedHealth opening higher at 419.75 USD and quickly reaching an intraday peak of 424.12 USD shortly after the market opened. However, this initial strength subsided, and the stock subsequently trended lower. It established an intraday low of 416.19 USD, trading near this level at the time of the update. The chart illustrates this descent following the morning high.
UnitedHealth’s current share price is trading closer to its 52-week low of 412.02 USD than its 52-week high of 630.73 USD. The company currently has a Price-to-Earnings (P/E) ratio of 17.46 and offers investors a dividend yield of 2.01%.
Investors continue to monitor the performance of healthcare stocks like UnitedHealth Group amid broader market movements.
