CIGNA (NYSE:CI), a company whose shares are moving quickly, is trading 1.8% higher to $52.86. The Dow is up 0.3% to 13,108 and the S&P is currently trading fractionally higher to 1,414.
In the past 52 weeks, shares of CIGNA have traded between a low of $39.01 and a high of $53.75 and are now at $52.86, which is 36% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%.
CIGNA Corporation, through its subsidiaries, provides group life and health insurance, managed care products and services, retirement products and services, and individual financial services worldwide. The Company also sells individual life and health insurance and annuity products in selected international locations.
Potential upside of 15.5% exists for CIGNA, based on a current level of $52.86 and analysts' average consensus price target of $61.07. CIGNA shares have support at the 50-day moving average (MA) of $50.01 and additional support at the 200-day MA of $46.17.