Promising Healthcare Stocks To Research – February 08th

Alphabet, Cloudflare, Salesforce, UnitedHealth Group, and Oracle are the five Healthcare stocks to watch today, according to MarketBeat’s stock screener tool. Healthcare stocks are shares of companies involved in providing products or services related to healthcare, pharmaceuticals, biotechnology, medical devices, hospitals, and healthcare facilities. Investors can buy and sell these stocks on the stock market to benefit from fluctuations in the healthcare industry and the overall economy. 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.

Shares of Alphabet stock traded down $6.26 during trading on Friday, reaching $185.34. 49,226,581 shares of the stock were exchanged, compared to its average volume of 27,597,338. The firm has a market cap of $2.27 trillion, a price-to-earnings ratio of 23.02, a price-to-earnings-growth ratio of 1.39 and a beta of 0.99. Alphabet has a 1 year low of $130.66 and a 1 year high of $207.05. The stock’s fifty day moving average is $191.61 and its 200 day moving average is $174.66. The company has a quick ratio of 1.95, a current ratio of 1.84 and a debt-to-equity ratio of 0.03.

Cloudflare (NET)

Cloudflare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices; and website and application security products comprising web application firewall, bot management, distributed denial of service, API gateways, SSL/TLS encryption, script management, security center, and rate limiting products.

NYSE:NET traded up $25.36 during trading hours on Friday, hitting $166.88. The company had a trading volume of 15,069,692 shares, compared to its average volume of 3,196,727. Cloudflare has a 52 week low of $66.24 and a 52 week high of $171.38. The company has a debt-to-equity ratio of 1.32, a current ratio of 3.37 and a quick ratio of 3.37. The stock has a 50-day moving average price of $118.89 and a 200 day moving average price of $96.85. The company has a market capitalization of $57.27 billion, a PE ratio of -758.52 and a beta of 1.12.

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

Salesforce stock traded down $5.00 on Friday, hitting $325.81. 7,612,759 shares of the stock traded hands, compared to its average volume of 6,522,191. Salesforce has a 1 year low of $212.00 and a 1 year high of $369.00. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14. The business’s fifty day simple moving average is $338.97 and its 200 day simple moving average is $300.36. The firm has a market cap of $311.80 billion, a P/E ratio of 53.59, a price-to-earnings-growth ratio of 2.66 and a beta of 1.31.

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 NYSE UNH traded down $3.36 during trading on Friday, reaching $526.68. The company had a trading volume of 3,344,880 shares, compared to its average volume of 4,348,924. The stock has a market cap of $484.69 billion, a PE ratio of 33.98, a P/E/G ratio of 1.45 and a beta of 0.61. 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 business’s 50-day moving average is $529.18 and its 200 day moving average is $564.30. UnitedHealth Group has a 12-month low of $436.38 and a 12-month high of $630.73.

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.

NYSE:ORCL traded up $2.18 during mid-day trading on Friday, reaching $174.53. The company’s stock had a trading volume of 9,981,617 shares, compared to its average volume of 14,755,394. The firm’s fifty day moving average price is $170.42 and its two-hundred day moving average price is $164.35. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The stock has a market cap of $488.15 billion, a P/E ratio of 42.67, a PEG ratio of 3.39 and a beta of 1.05. Oracle has a 12-month low of $106.51 and a 12-month high of $198.31.