Today's Research Reports on Trending Tickers: Centene and Express Scripts Holding
NEW YORK, NY / ACCESSWIRE / December 18, 2018 / U.S. equities extended losses on Monday as investors await details from the Federal Reserve's final policy meeting of 2018 on Wednesday. The Dow Jones Industrial Average declined 2.11 percent to close at 23,592.98, while the S&P 500 Index fell 2.08 percent to close at 2,545.94. The Nasdaq Composite Index plunged 2.27 percent to close at 6,753.73.
The SEIA’s Director of Trading Operations, Vincent Reyes said that “the market feels like the Fed has to hike Wednesday,” to keep its image of independence despite request from the president to cease increase in rates. “But the logic for hiking is weak,” he added.
The Market Edge Initiates Coverage on:
Centene Corporation
https://marketedgereport.com/report/CNC/
Express Scripts Holding Company
https://marketedgereport.com/report/ESRX/
Centene’s stock moved 4.79% lower Monday, to close the day at $121.42. The stock recorded a trading volume of 6,546,315 shares, which was above its three months average volume of 1,567,787 shares. In the last year, Centene’s shares have traded in a range of 95.34 - 148.98. The share price has gained 27.35% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $135.35 is below its 200-day moving average of $135.62. Shares of the company are trading at a Price to Earnings ratio of 26.07. Shares of Centene have fallen roughly 10.72 percent in the past month and are up 20.36 percent year-to-date.
Access The Market Edge's Centene Corporation Research Report:
https://marketedgereport.com/report/CNC/
On Monday, shares of Express Scripts Holding recorded a trading volume of 6,946,163 shares, which was above the three months average volume of 4,249,280 shares. The stock ended the day 1.61% lower at $96.64. The share price has fallen 5% from its 52 week high with a 52 week trading range of 66.93 - 101.73. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $97.80 is above its 200-day moving average of $88.62. Shares of the company are trading at a Price to Earnings ratio of 11.19. Shares of Express Scripts Holding have fallen roughly 1.02 percent in the past month and are up 29.47 percent year-to-date.
Access The Market Edge's Express Scripts Holding Company Research Report:
https://marketedgereport.com/report/ESRX/
Our Actionable Research on Centene Corporation (NYSE:CNC) and Express Scripts Holding Company (NASDAQ:ESRX) can be downloaded free of charge at The Market Edge.
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Disclaimer: This article is written by an independent contributor of MarketEdgeReport.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. MarketEdgeReport.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.marketedgereport.com/disclaimer.
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SOURCE: MarketEdgeReport
