Healthcare Stocks To Watch Today – June 17th

Alphabet, Oracle, and UnitedHealth Group are the three Healthcare stocks to watch today, according to MarketBeat’s stock screener tool. Healthcare stocks are shares of publicly traded companies operating within the medical and life sciences sector, including pharmaceuticals, biotechnology, medical device manufacturers, health insurers, and healthcare service providers. Investors buy these equities to gain exposure to the performance of enterprises that research, develop, produce, or distribute health-related goods and services. Because demand for healthcare tends to be relatively stable, these stocks can offer a defensive component to a diversified investment portfolio. These companies had the highest dollar trading volume of any Healthcare stocks within the last several days.

Alphabet (GOOGL)

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

Alphabet stock traded down $0.09 during trading hours on Tuesday, hitting $176.68. The stock had a trading volume of 14,084,896 shares, compared to its average volume of 30,366,037. The stock has a market capitalization of $2.14 trillion, a price-to-earnings ratio of 21.95, a PEG ratio of 1.34 and a beta of 1.01. Alphabet has a 1-year low of $140.53 and a 1-year high of $207.05. The stock’s fifty day moving average is $163.53 and its two-hundred day moving average is $174.74. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.84 and a quick ratio of 1.84.

Oracle (ORCL)

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

Shares of Oracle stock traded down $1.60 during trading on Tuesday, hitting $209.50. 8,846,539 shares of the company were exchanged, compared to its average volume of 11,650,133. Oracle has a fifty-two week low of $118.86 and a fifty-two week high of $216.60. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The firm has a 50 day moving average price of $154.61 and a 200 day moving average price of $160.49. The stock has a market capitalization of $585.97 billion, a price-to-earnings ratio of 51.18, a P/E/G ratio of 3.46 and a beta of 1.32.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

Shares of UNH traded up $0.69 during trading hours on Tuesday, reaching $308.35. 5,467,812 shares of the company traded hands, compared to its average volume of 11,017,853. The stock has a market capitalization of $279.72 billion, a PE ratio of 19.89, a price-to-earnings-growth ratio of 1.37 and a beta of 0.44. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. The stock has a fifty day simple moving average of $381.74 and a 200 day simple moving average of $470.20. UnitedHealth Group has a fifty-two week low of $248.88 and a fifty-two week high of $630.73.