HCA Healthcare, Inc. stock trades under the ticker HCA & has shown recent bullishness that traders & investors should research further into.
HCA stock closed at $254.38/share on 3/16/2023.
HCA Healthcare, Inc. HCA Stock’s Technical Performance Broken Down
HCA Stock Price: $254.38
10 Day Moving Average: $249.14
50 Day Moving Average: $253.18
200 Day Moving Average: $218.65
RSI: 54.68
MACD: -0.915
Yesterday, HCA stock completed a bullish MACD crossover, gaining +3.04% on the day’s session.
Recent trading volumes have been about average compared to the year prior & their RSI is neutral, after they’ve spent much of March in a consolidation range.
HCA stock has support at the $253.18 (50 day moving average), $250.60 & $249.14/share price levels, as they look to try to break out & above their $256.67, $263.46 & $263.98/share price level.
HCA Healthcare, Inc. HCA Stock As A Long-Term Investment
Long-term oriented investors will like HCA stock’s 13.15 P/E (ttm).
They recently reported 2.9% Quarterly Revenue Growth Y-o-Y, with 14.7% Quarterly Earnings Growth Y-o-Y.
Their balance sheet will require a more thorough examination before investing, with $1B of Total Cash (mrq) & $40.2B of Total Debt (mrq).
HCA stock pays a modest 0.9% dividend, which appears to be sustainable in the long-run, as their payout ratio is 11.7%.
66.1% of HCA stock’s outstanding share float is owned by institutional investors.
HCA Healthcare, Inc. HCA Stock As A Short-Term Trade Using Options
Investors with shorter time horizons can trade options to profit from HCA stock’s price movements, while protecting their portfolio from volatility.
I am looking at the contracts with the 4/21 expiration date.
The $250, $240 & $245 call options are all in-the-money, listed from highest to lowest level of open interest.
The $260, $255 & $265 puts are also all in-the-money, with the former strike being more liquid than the latter two.
Tying It All Together
HCA stock has many interesting attributes that traders & investors are sure to find appealing.
Investors will like their P/E (ttm) & modest, but sustainable dividend yield.
Traders will like their recent technical performance & liquid options.
Overall, it is worth taking a closer look into HCA stock to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES OR OPTIONS CONTRACT POSITIONS IN HCA STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***