CVS - Today's Research Reports on Trending Tickers: CVS Health and Aetna
NEW YORK, NY / ACCESSWIRE / November 7, 2018 / U.S. stocks closed in the green on Tuesday, with the Dow Jones rallying 173 points, as investors braced for the midterm election results. The Dow Jones Industrial Average gained 0.68 percent to close at 25,635.01, while the S&P 500 Index increased 0.63 percent to close at 2,755.45. The Nasdaq Composite Index closed 0.64 percent higher to close at 7,375.96.
Charlie Ripley,senior market strategist at Allianz Investment Management, said that investorsexpects Democrats to take over the House of Representatives while the Republicans will remain in control of the Senate. “We could see a lot more volatility in markets tonight and tomorrow if the result isn’t straight down the fairway,” he said.
RDI Initiates Coverage on:
CVS Health Corporation
https://rdinvesting.com/news/?ticker=CVS
Aetna Inc.
https://rdinvesting.com/news/?ticker=AET
CVS Health's stock jumped 5.71% Tuesday, to close the day at $77.90. The stock recorded a trading volume of 12,828,527 shares, which was above its three months average volume of 7,348,355 shares. In the last year, CVS Health's shares have traded in a range of 60.14 - 83.88. The share price has gained 29.53% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $75.88 is above its 200-day moving average of $70.27. Shares of the company are trading at a Price to Earnings ratio of 26.52. Shares of CVS Health have fallen roughly 0.98 percent in the past month and are up 7.45 percent year-to-date.
Access RDI's CVS Health Corporation Research Report at:
https://rdinvesting.com/news/?ticker=CVS
On Tuesday, shares of Aetna recorded a trading volume of 4,648,657 shares, which was above the three months average volume of 2,008,169 shares. The stock ended the day 3.87% higher at $207.05. The share price has fallen 0.04% from its 52week high with a52 week trading range of 159.26 - 207.13. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $201.22 is above its 200-day moving average of $190.70. Shares of the company are trading at a Price to Earnings ratio of 19.52. Shares of Aetna have gained roughly 1.63 percent in the past month and are up 14.78 percent year-to-date.
Access RDI's Aetna Inc. Research Report at:
https://rdinvesting.com/news/?ticker=AET
Our Actionable Research on CVS Health Corporation (NYSE:CVS) and Aetna Inc. (NYSE:AET) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com