Top Healthcare Stocks Worth Watching – April 29th

Hims & Hers Health, Alphabet, UnitedHealth Group, ServiceNow, Merck & Co., Inc., United Parcel Service, and Thermo Fisher Scientific are the seven Healthcare stocks to watch today, according to MarketBeat’s stock screener tool. Healthcare stocks are shares of companies operating in the medical and life-science industries, including pharmaceutical makers, biotechnology firms, medical-device manufacturers and healthcare service providers. Investors buy these stocks to gain exposure to an essential sector driven by factors such as demographic trends, regulatory approvals, technological innovation and public health needs. These companies had the highest dollar trading volume of any Healthcare stocks within the last several days.

Hims & Hers Health (HIMS)

Hims & Hers Health, Inc. operates a telehealth consultation platform. It connects consumers to healthcare professionals, enabling them to access medical care for mental health, sexual health, dermatology and primary care. The company was founded in 2017 and is headquartered in San Francisco, CA.

HIMS traded up $7.59 during midday trading on Tuesday, reaching $36.07. 110,972,371 shares of the company’s stock were exchanged, compared to its average volume of 16,111,344. The stock has a market capitalization of $8.01 billion, a PE ratio of 81.50 and a beta of 1.65. Hims & Hers Health has a 1-year low of $11.20 and a 1-year high of $72.98. The business’s 50-day moving average price is $33.44 and its 200 day moving average price is $31.15.

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.

GOOGL traded down $1.07 during trading on Tuesday, hitting $159.54. The company’s stock had a trading volume of 16,274,302 shares, compared to its average volume of 28,251,946. Alphabet has a twelve month low of $140.53 and a twelve month high of $207.05. The firm’s 50 day moving average price is $161.69 and its 200-day moving average price is $175.60. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.84 and a quick ratio of 1.84. The stock has a market cap of $1.94 trillion, a PE ratio of 19.78, a PEG ratio of 1.34 and a beta of 1.03.

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 UNH stock traded down $9.11 during mid-day trading on Tuesday, hitting $410.89. 4,641,548 shares of the company’s stock were exchanged, compared to its average volume of 4,492,323. 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 stock has a market cap of $374.00 billion, a price-to-earnings ratio of 26.52, a PEG ratio of 1.37 and a beta of 0.61. The stock has a 50-day simple moving average of $501.46 and a two-hundred day simple moving average of $532.94. UnitedHealth Group has a fifty-two week low of $409.74 and a fifty-two week high of $630.73.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

Shares of NOW traded down $0.96 during trading hours on Tuesday, hitting $936.46. The stock had a trading volume of 567,673 shares, compared to its average volume of 1,503,089. The company’s fifty day simple moving average is $837.70 and its 200 day simple moving average is $967.86. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.10 and a current ratio of 1.10. ServiceNow has a 12-month low of $637.99 and a 12-month high of $1,198.09. The firm has a market cap of $193.85 billion, a P/E ratio of 136.88, a P/E/G ratio of 4.51 and a beta of 1.08.

Merck & Co., Inc. (MRK)

Merck & Co., Inc. is a health care company, which engages in the provision of health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. It operates through the following segments: Pharmaceutical, Animal Health, and Other. The Pharmaceutical segment includes human health pharmaceutical and vaccine products.

NYSE:MRK traded up $1.11 during mid-day trading on Tuesday, hitting $84.30. The company had a trading volume of 6,179,694 shares, compared to its average volume of 11,895,698. The business has a fifty day simple moving average of $87.00 and a 200-day simple moving average of $94.84. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 0.79. Merck & Co., Inc. has a 1 year low of $75.93 and a 1 year high of $134.63. The firm has a market capitalization of $212.59 billion, a price-to-earnings ratio of 12.52, a PEG ratio of 0.77 and a beta of 0.40.

United Parcel Service (UPS)

United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.

NYSE:UPS traded down $0.74 during mid-day trading on Tuesday, hitting $96.35. The company had a trading volume of 5,266,971 shares, compared to its average volume of 4,859,785. The business has a fifty day simple moving average of $108.22 and a 200-day simple moving average of $121.14. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. United Parcel Service has a 1 year low of $90.55 and a 1 year high of $153.42. The firm has a market capitalization of $82.30 billion, a price-to-earnings ratio of 14.24, a PEG ratio of 1.55 and a beta of 1.10.

Thermo Fisher Scientific (TMO)

Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally. The company's Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery, and production of drugs and vaccines, as well as diagnosis of infections and diseases; and solutions include biosciences, genetic sciences, and bio production to pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and government markets.

Shares of NYSE TMO traded up $4.45 during midday trading on Tuesday, reaching $425.79. 1,157,681 shares of the company’s stock were exchanged, compared to its average volume of 1,744,503. Thermo Fisher Scientific has a 52-week low of $409.85 and a 52-week high of $627.88. The stock has a market capitalization of $160.73 billion, a PE ratio of 25.72, a price-to-earnings-growth ratio of 2.99 and a beta of 0.86. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.29 and a current ratio of 1.66. The business’s fifty day moving average price is $485.08 and its two-hundred day moving average price is $525.48.