Humana Inc. (NYSE: HUM) Recovers 24.86% From 52-Week Low, Is HUM Still A High-Risk, High-Reward Play?

Humana Inc. (NYSE:HUM) currently has a daily average trading volume of 1.93M but it saw 3690626 shares traded in last market. With a market cap of 32.07B USD, the company’s current market price of $266.34 came rising about 4.21 while comparing to the previous closing price of $255.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $530.54 and as low as $213.31. In the recent trading on the day, stock has struck highest price mark of $247.33 while lowest mark touched by it was $266.7.

Taking a look at 20-day trading activity of Humana Inc. (HUM) gives us an average price of $274.30, while its current price level is -49.80% below from 52-week high level whereas it is 24.86% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $317.48 while that of 200 days or SMA-200 reads an average of $349.96. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.14% during that period while stretching the period over a month that decreases to 4.31%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.88 which implies that the stock is in neutral territory.

Bernstein upgraded its recommendation for the stock as a “Outperform” from “Mkt Perform” on October 08, 2024 while assigning a price target of $308. TD Cowen issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $402 and $261.

Over the week, HUM’s stock price is moving 5.93% up while it is -15.53% when we observe its performance for the past one month. Year-to-date it is -41.82% down and over the past year, the stock is showing a downside performance of -48.77%.

Currently, Humana Inc.’s total number of outstanding shares is 122.22M. Company’s return on investment (ROI) stands at 6.02% and return on equity (ROE) at 10.21%. It has a price to earnings ratio (P/E ratio) of 18.98 while having a 13.46 of forward P/E ratio. Stock’s beta reads 0.49. Stock has a price to book (P/B) ratio of 1.92 while price to sale or P/S ratio amounts to 0.29. Its return on asset (ROA) is 3.21% on average.