Molina Healthcare, Inc. stock trades under a ticker of MOH & is a member of the healthcare providers industry.
MOH stock has shown recent bullishness, closing at $300.94/share on Monday 12/13/2021.
Molina Healthcare, Inc. MOH Stock’s Technicals Broken Down
MOH Stock Price: $300.94
10 Day Moving Average: $291.41
50 Day Moving Average: $293.67
200 Day Moving Average: $263.52
RSI: 54.5
MACD: -0.07
Yesterday, MOH completed a bullish MACD crossover, while maintaining a neutral RSI of 54.5.
With less than 2% between their 10 & 50 Day Moving Averages, there looks to be more room to continue climbing in the near-term.
Their next test level of resistance is the $305-mark, which is ~1.6% away from their current price level.
Molina Healthcare, Inc. MOH Stock As A Long-Term Investment
MOH stock may be of interest to long-term oriented investors.
Their trailing P/E (ttm) is 30.03 & their P/B is 7.03.
MOH has Quarterly Revenue Growth Y-o-Y of 43%.
MOH’s balance sheet looks appealing, with Total Cash (mrq) of $7.26B & Total Debt (mrq) of $2.35B.
Unfortunately, they do not offer a dividend yield.
Still, they have 97.5% of their share float held by institutional investors.
Molina Healthcare, Inc. MOH Stock As A Short-Term Trade Using Options
Short-term traders can take advantage of MOH’s current momentum by trading options.
I am looking at the contracts with the 12/17 expiration dates.
The $300 & $310 calls look appealing, as do the $310 puts.
Neither the $320 nor $330 puts have open interest for this expiration date.
Given that there is expiration at the end of this week, the coming week may see different levels of open interest for the January contracts as people plan their 2022 trades.
Tying It All Together
Traders & investors alike should have reasons to like MOH stock’s current situation.
Investors will like their balance sheet & valuation metrics.
Traders will like their current momentum, as well as their technical set up for the near-term.
All-in-all, it is worth taking a closer look at Molina Healthcare, Inc. stock.
*** I DO NOT OWN SHARES OF MOH STOCK ***