Top Medical Stocks Worth Watching – March 4th

Eli Lilly and Company, UnitedHealth Group, and Walmart are the three Medical stocks to watch today, according to MarketBeat’s stock screener tool. Medical stocks refer to shares of publicly traded companies that operate within the healthcare sector, encompassing areas such as pharmaceuticals, biotechnology, medical devices, and healthcare services. These stocks often attract investors due to the sector’s potential for stable growth and innovation, driven by ongoing demand for medical advancements and healthcare services worldwide. These companies had the highest dollar trading volume of any Medical stocks within the last several days.

Eli Lilly and Company (LLY)

Eli Lilly and Company discovers, develops, and markets human pharmaceuticals worldwide. The company offers Basaglar, Humalog, Humalog Mix 75/25, Humalog U-100, Humalog U-200, Humalog Mix 50/50, insulin lispro, insulin lispro protamine, insulin lispro mix 75/25, Humulin, Humulin 70/30, Humulin N, Humulin R, and Humulin U-500 for diabetes; Jardiance, Mounjaro, and Trulicity for type 2 diabetes; and Zepbound for obesity.

Shares of LLY stock traded down $16.39 during trading hours on Tuesday, reaching $913.33. The company’s stock had a trading volume of 1,752,455 shares, compared to its average volume of 3,112,656. Eli Lilly and Company has a fifty-two week low of $711.40 and a fifty-two week high of $972.53. The firm’s 50 day simple moving average is $817.56 and its 200-day simple moving average is $848.11. The company has a quick ratio of 0.97, a current ratio of 1.15 and a debt-to-equity ratio of 2.00. The company has a market capitalization of $865.99 billion, a price-to-earnings ratio of 77.74, a PEG ratio of 1.40 and a beta of 0.42.

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.

NYSE UNH traded up $10.07 during trading on Tuesday, hitting $477.12. 2,562,436 shares of the company’s stock were exchanged, compared to its average volume of 4,953,236. The company has a market cap of $439.08 billion, a PE ratio of 30.70, a P/E/G ratio of 1.37 and a beta of 0.61. The company has a current ratio of 0.83, a quick ratio of 0.91 and a debt-to-equity ratio of 0.74. The stock’s 50 day moving average price is $515.81 and its two-hundred day moving average price is $556.09. UnitedHealth Group has a fifty-two week low of $436.38 and a fifty-two week high of $630.73.

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

NYSE:WMT traded down $1.70 on Tuesday, hitting $95.89. The company had a trading volume of 11,383,502 shares, compared to its average volume of 15,505,441. Walmart has a 52 week low of $58.40 and a 52 week high of $105.30. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $770.33 billion, a price-to-earnings ratio of 39.69, a PEG ratio of 4.42 and a beta of 0.55. The firm has a 50 day moving average of $96.04 and a two-hundred day moving average of $87.88.