Humana, Inc. HUM Stock Analysis

Humana, Inc. stock trades under the ticker HUM & has shown recent bullishness that traders & investors should research further into.

HUM stock closed at $499.79/share on 9/16/2022.

Humana, Inc. HUM Stock’s Technical Performance Broken Down

Humana, Inc. HUM Stock's Technical Performance Over The Last Year

HUM Stock Price: $499.79

10 Day Moving Average: $482.08

50 Day Moving Average: $486.20

200 Day Moving Average: $447.41

RSI: 57.52

MACD: -0.418

On Friday, HUM stock completed a bullish MACD crossover, for a second consecutive day of gains.

Recent trading volumes have been above average, and their RSI is on the overbought end of neutral, signaling that there may be more short-term momentum to come for HUM.

They have support at the $497.47 & $490.77/share price levels, as they try to break above the $501.27 & $504.99/share resistance levels.

Humana, Inc. HUM Stock As A Long-Term Investment

Long-term oriented investors will find HUM stock’s 20.4 P/E (ttm) to be appealing, but may find their 4.08 P/B (mrq) to be a bit too rich.

They recently reported 14.6% Quarterly Revenue Growth Y-o-Y, with 18.4% Quarterly Earnings Growth Y-o-Y.

Their balance sheet looks appealing, with $18.19B of Total Cash (mrq) & $13.22B of Total Debt (mrq).

HUM stock pays a 0.6% dividend, which appears stable in the long-run, as their payout ratio is 12.14%.

96.56% of HUM stock’s outstanding share float is owned by institutional investors.

Humana, Inc. HUM Stock As A Short-Term Trade Using Options

Short-term focused traders can use options to profit from HUM stock’s price movements, while protecting their portfolio from volatility.

I am looking at the contracts with the 10/21 expiration date.

The $490 & $495 call options are all in-the-money, with the former being more liquid than the latter.

The $500 & $505 puts are also in-the-money, listed in order of most to least open interest.

As HUM stock has weekly expirations, I expect there to be more liquidity added as each week more contracts expire from now until 10/21.

Tying It All Together

HUM stock has many interesting characteristics that traders & investors are sure to find appealing.

Investors will like their balance sheet, as well as the safety of their modest dividend yield.

Traders will like the liquidity of their options, as well as their current technical performance.

Overall, it is worth taking a closer look into HUM stock to see how it fits into your portfolio strategy.