Should You Buy Cigna Corp (CI) Stock After it Has Fallen 0.58% in a Week?

Cigna Corp (CI) stock has fallen 0.58% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Cigna Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CI!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With CI Stock Today?

Cigna Corp (CI) stock has fallen -0.03% while the S&P 500 has risen 0.1% as of 2:02 PM on Tuesday, Sep 21. CI is down -$0.06 from the previous closing price of $202.53 on volume of 894,067 shares. Over the past year the S&P 500 has gained 32.95% while CI has risen 22.74%. CI earned $22.78 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.89. To see InvestorsObserver's Sentiment Score for Cigna Corp click here.

More About Cigna Corp

Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services were greatly expanded by its 2018 merger with Express Scripts and are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 15 million medical members covered as of the end of 2020, but its services extend internationally, covering another 2 million people. Click Here to get the full Stock Report for Cigna Corp stock.