Healthcare Stocks To Keep An Eye On – August 1st

UnitedHealth Group, Alphabet, and Oracle 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 healthcare industry, including pharmaceuticals, biotechnology, medical devices, hospitals and clinics, and health insurers. Investors buy these stocks to gain exposure to the sector’s growth drivers—such as medical innovation, demographic shifts, and regulatory changes—and to potentially benefit from dividends and long-term capital appreciation. Because healthcare demand tends to remain stable even in economic downturns, these stocks are often seen as relatively defensive investments. These companies had the highest dollar trading volume of any Healthcare stocks within the last several days.

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.

UnitedHealth Group stock traded down $10.23 during mid-day trading on Friday, hitting $239.33. The company had a trading volume of 18,207,626 shares, compared to its average volume of 11,836,458. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $217.10 billion, a price-to-earnings ratio of 10.36, a P/E/G ratio of 1.54 and a beta of 0.45. The company’s fifty day moving average is $298.02 and its 200-day moving average is $418.35. UnitedHealth Group has a 12-month low of $239.62 and a 12-month high of $630.73.

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.

Shares of GOOGL stock traded down $3.87 during trading hours on Friday, hitting $188.04. 19,443,924 shares of the company’s stock were exchanged, compared to its average volume of 37,060,703. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.07. The firm has a market cap of $2.28 trillion, a P/E ratio of 20.03, a P/E/G ratio of 1.33 and a beta of 1.00. The firm has a 50 day moving average of $177.91 and a two-hundred day moving average of $173.12. Alphabet has a fifty-two week low of $140.53 and a fifty-two week high of $207.05.

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 ORCL stock traded down $8.77 during trading hours on Friday, hitting $245.00. 7,155,110 shares of the company’s stock were exchanged, compared to its average volume of 12,075,260. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 4.07. The firm has a market cap of $688.17 billion, a P/E ratio of 56.51, a P/E/G ratio of 3.74 and a beta of 1.39. The firm has a 50 day moving average of $211.78 and a two-hundred day moving average of $174.13. Oracle has a fifty-two week low of $118.86 and a fifty-two week high of $260.87.