Aetna News

The average sales volume for Aetna Inc. over the last month has been $2.5 million shares per day. Aetna is a major health care and insurance provider and has a market cap upwards of $26 billion. The company’s shares are up 1.9% year on year as of this Wednesday’s close. The company operates as a diversified health care service provider in the U.S. It caters to three main market segments: Health Care, Group Insurance and Large Case Pensions. Aetna stock has a dividend yield of 1.2% and a PE ratio of 13.8. At present 12 analysts rate Aetna stock as a “buy” while 5 grant it with a “hold” rating.

Novartis stock is a Hold as for now

Novartis (NVS), a Swiss pharmaceutical company announced recently that it was getting out of the technology due to the challenges with formulation and delivery and due to only a few medical applications that have the potential. Last week, the market saw the Biotech selloff which had resulted in NASDAQ 100 Index down by more than 3%.

The Potential Rise of Aetna as Obamacare Sinks.

Aetna stock is registered on the New York stock exchange under the stock symbol AET. Aetna stock share price as of today is $71.52 per share having declined by 0.35%. Aetna stock chart for the past twelve months shows a gentle increase of roughly 27%. This could be attributed to the increase in awareness amongst the general populace regarding health care and life insurance policies-the primary offered packages by Aetna Inc. Aetna stock on general is being granted a “buy rating” by numerous brokerage firms further alluding to its viable valuation and reasonable expectation of dividends via investment in AET stock.