Cigna Corporation stock performance trend indicates that the stock price has rallied 9.58% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 16.55% . Looking at the past 52 week period, the stock price is up at 8.86% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Cigna Corporation has a positive value of 5.54 compared to overall market.Cigna Corporation is having a Relative Strength Index of 58.54 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Cigna Corporation (NYSE:CI) has tumbled 0.02% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 5.8% in the last four weeks. The stocks have underperformed the S&P 500 by 0.26% during the past week but Cigna Corporation (NYSE:CI) it has outperformed the index in 4 weeks by 4.6%.
For the current week, the company shares have a recommendation consensus of Buy. Cigna Corporation (NYSE:CI) : On Friday heightened volatility was witnessed in Cigna Corporation (NYSE:CI) which led to swings in the share price. The stock opened for trading at $151.53 and hit $152.38 on the upside , eventually ending the session at $151.89, with a gain of 0.07% or 0.1 points. The heightened volatility saw the trading volume jump to 1,563,181 shares. The 52-week high of the share price is $154.83 and the company has a market cap of $39,044 million. The 52-week low of the share price is at $115.03 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.CIGNA Corporation was Resumed by BofA/Merrill to Buy on Mar 13, 2017. CIGNA Corporation was Initiated by Piper Jaffray to Overweight on Jan 4, 2017.
Company has reported several Insider transactions to the SEC, on Mar 16, 2017, Michael W Triplett (President, US Markets) sold 2,426 shares at 152.74 per share price.On Mar 9, 2017, Mary T Hoeltzel (VP & Chief Accounting Officer) sold 500 shares at 153.40 per share price.On Mar 1, 2017, David Cordani (President & CEO) sold 43,637 shares at 147.79 per share price.
CIGNA Corporation Last issued its quarterly earnings results on Feb 2, 2017. The company reported $1.87 EPS for the quarter, beating the analyst consensus estimate by $ 0.13. Analyst had a consensus of $1.74. The company had revenue of $9944.00 million for the quarter, compared to analysts expectations of $9918.94 million. The companys revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.87 EPS.
CIGNA Corporation is an investor-owned employee benefits organizations in the United States. Its subsidiaries are major providers of health care products and services, group life, accident and disability insurance, retirement products and services and investment management. CIGNA conducts its business through the following operating divisions: Employee Health Care, Life and Disability Benefits; Employee Retirement Benefits and Investment Services; International Life, Health and Employee Benefits; and Other Operations.