Promising Healthcare Stocks To Research – February 03rd

Alphabet, UnitedHealth Group, and ServiceNow are the three Healthcare stocks to watch today, according to MarketBeat’s stock screener tool. Healthcare stocks are shares in companies within the healthcare sector, which includes providers of medical services, pharmaceutical companies, biotechnology firms, medical device manufacturers, and health insurance companies. These stocks can be influenced by factors such as regulatory changes, new drug approvals, and demographic trends in healthcare. 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 $1.80 during midday trading on Monday, reaching $202.22. The stock had a trading volume of 13,600,368 shares, compared to its average volume of 24,453,559. The firm’s fifty day simple moving average is $188.97 and its 200-day simple moving average is $174.03. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.95 and a current ratio of 1.95. The stock has a market capitalization of $2.48 trillion, a P/E ratio of 26.87, a price-to-earnings-growth ratio of 1.31 and a beta of 0.99. Alphabet has a 1-year low of $130.66 and a 1-year high of $205.48.

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.

UNH stock traded up $8.73 during mid-day trading on Monday, reaching $551.22. The company had a trading volume of 1,948,814 shares, compared to its average volume of 4,431,746. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.83 and a quick ratio of 0.91. The stock has a 50 day simple moving average of $536.17 and a two-hundred day simple moving average of $565.20. UnitedHealth Group has a 52 week low of $436.38 and a 52 week high of $630.73. The company has a market capitalization of $507.27 billion, a price-to-earnings ratio of 35.58, a PEG ratio of 1.48 and a beta of 0.61.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

Shares of NOW stock traded down $0.17 on Monday, reaching $1,018.21. The stock had a trading volume of 978,164 shares, compared to its average volume of 1,680,394. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.15. ServiceNow has a 12 month low of $637.99 and a 12 month high of $1,198.09. The firm’s 50-day moving average is $1,083.66 and its two-hundred day moving average is $957.36. The firm has a market capitalization of $209.75 billion, a price-to-earnings ratio of 149.18, a P/E/G ratio of 4.74 and a beta of 0.99.