Anthem (NASDAQ:ANTX) Announces Earnings Results

Anthem (NASDAQ:ANTX) announced its earnings results on Monday. The company reported ($0.29) earnings per share for the quarter, FiscalAI reports.

Anthem Stock Up 5.8%

NASDAQ:ANTX traded up $0.26 during trading hours on Monday, reaching $4.72. The company had a trading volume of 196,404 shares, compared to its average volume of 1,041,445. The firm has a market cap of $169.92 million, a price-to-earnings ratio of -4.07 and a beta of -0.95. The business’s 50-day simple moving average is $3.60 and its two-hundred day simple moving average is $2.01. Anthem has a twelve month low of $1.00 and a twelve month high of $6.91.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Weiss Ratings assumed coverage on shares of Anthem in a research note on Tuesday, April 7th. They set a “sell (d-)” rating for the company. Wall Street Zen raised shares of Anthem from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Anthem Company Profile

Anthem, Inc, through its subsidiaries, operates as a health benefits company in the United States. It operates through three segments: Commercial & Specialty Business, Government Business, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small group, individual, Medicaid, and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; traditional indemnity plans and other hybrid plans, such as consumer-driven health plans; and hospital only and limited benefit products.