Stock price performance of Centene Corporation is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 27.7% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -7.65% . Looking at the past 52 week period, the stock price is up at 13.54% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Centene Corporation has a negative value of -8.22 compared to overall market performance. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 3.97% and the 50-Day Moving Average is 8.86%.The 200 Day SMA reached 0.05%
Centene Corporation is having a Relative Strength Index of 65.8 which indicates the stock is not yet over sold or over bought based on the technical indicators. Centene Corporation (NYSE:CNC) has climbed 1.44% in the past week and advanced 6.03% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.32% and the outperformance has advanced to 5.09% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Dec 5, 2016, Mark J Brooks (SVP, Chief Information Officer) sold 1,099 shares at 58.00 per share price.On Nov 8, 2016, Jesse N Hunter (EVP, Products) sold 5,000 shares at 65.00 per share price.On Oct 4, 2016, Carol Goldman (Exec VP Chief Admin Officer) sold 10,000 shares at 66.36 per share price.
Centene Corp Last issued its quarterly earnings results on Oct 25, 2016. The company reported $1.11 EPS for the quarter, missing the analyst consensus estimate by $ -0.04. Analyst had a consensus of $1.15. The company had revenue of $10846.00 million for the quarter, compared to analysts expectations of $10989.11 million. The companys revenue was up 86.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.84 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Centene Corp was Initiated by Piper Jaffray to Overweight on Jan 4, 2017. Centene Corp was Initiated by JP Morgan to Overweight on Dec 21, 2016. Centene Corp was Upgraded by Goldman to Neutral on Dec 13, 2016. Centene Corp was Upgraded by Bernstein to Outperform on Nov 14, 2016. Centene Corp was Downgraded by Credit Suisse to Neutral on Nov 11, 2016.
Centene Corporation (NYSE:CNC) : On Friday heightened volatility was witnessed in Centene Corporation (NYSE:CNC) which led to swings in the share price. The stock opened for trading at $64.23 and hit $65 on the upside , eventually ending the session at $64.72, with a gain of 1.11% or 0.71 points. The heightened volatility saw the trading volume jump to 1,700,712 shares. The 52-week high of the share price is $75.57 and the company has a market cap of $11,060 million. The 52-week low of the share price is at $47.36 .
Centene Corporation provides managed care programs and related services to individuals receiving benefits under Medicaid, including Supplemental Security Income, and the State Childrens Health Insurance Program.