StockCall.com Provides Stock Research on Express Scripts Inc., Cigna Corp., Health Net Inc., and Molina Healthcare Inc.
New York City, New York -- (June 10, 2013)
The U.S. Supreme Court last year upheld President Obama’s Affordable Care Act (ACA), paving the way for the biggest overhaul of the U.S. healthcare industry in decades. The ACA is expected to go into full effect by 2014. The reform has generally been welcomed by the U.S. healthcare companies even though it will lead to higher costs for them over the next few years. One of the biggest beneficiaries of ACA is expected to be health care plan providers. Health care plan providers are likely to benefit from an increase in the number of insured individuals. On Friday, June 7, 2013, shares in health care plan providers ended mostly higher, tracking gains in the broader market. The major movers in the sector included Express Script Holding Company (NASDAQ: ESRX), CIGNA Corporation (NYSE: CI), Health Net Inc. (NYSE: HNT), and Molina Healthcare Inc. (NYSE: MOH). StockCall initiated free in-depth technical analysis on ESRX, CI, HNT, and MOH which are currently available upon sign up at
www.stockcall.com/research
Shares in Express Scripts Holding Company rose sharply on Friday, tracking gains in the broader market. The company’s shares ended the day at $62.50, up 1.44%. It traded between $61.78 and $62.88 on a total of 5.44 million shares which is above the daily average volume of 5.34 million. Shares of ESRX are currently trading close to their 52-week high of $66.06. So far this year, the stock has grown over 15.70% which is in-line with the performance of the S&P 500. The stock is currently trading well above its 50- and 200-day moving averages. Sign up for the free technical analysis on ESRX at
www.StockCall.com/ESRX061013.pdf
CIGNA Corporation’s stock was one of the best performers in the healthcare sector on Friday. The company’s shares ended the day 2.23% higher at $68.45 after trading between $67.41 and $68.89. A total of 1.41 million shares were exchanged which is below the daily average volume of 1.70 million. Shares of CI are currently trading 2.03% below their 52-week high. So far this year, the stock has grown over 28.10%, outperforming the S&P 500. Shares of the company currently face resistance at around $70. Download the free report on CI by registering at
www.StockCall.com/CI061013.pdf
Shares in Health Net Inc. moved higher on Friday, reversing some of their losses for the week. The company’s shares traded between $30.54 and $31.03 before finishing the day 1.21% higher at $30.97 on volume of 352,051 shares. It is worth noting that its daily average volume of 381,575. However, despite the growth on Friday, Health Net’s shares fell over 2.80% in the last three sessions. The stock is still trading above its 50- and 200-day moving averages. So far this year, the stock has gained nearly 27.50%. The free report on HNT can be downloaded by signing up now at
www.StockCall.com/HNT061013.pdf
Molina Healthcare Inc.’s stock rose sharply on Friday, reversing most of its losses from previous trading sessions. The company’s shares ended the day 2.54% higher at $36.79 after trading between $35.90 and $36.99. Its volume of 550,899 for the day was below daily average volume of 632,271. Shares of MOH are now down nearly 0.80% in the last three trading sessions. The stock is currently trading 5.03% below its 52-week high. Free report on MOH can be accessed by registering at
www.StockCall.com/MOH061013.pdf
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