Stoxline.com

Stock Symbol:   

Stoxline Mobile
Home  |  Stock Charts  |  Showcases  |  Stock Ranks  |  Options  |  ETFs  |  Educations

Magellan Health Inc. (MGLN)

60.01   -5.51 (-8.41%) 02-28 16:00
Open: 61.56 Pre. Close: 65.52
High: 63.36 Low: 58.635
Volume: 524,279 Market Cap: 1468M
Magellan Health Inc provides managed healthcare business. It provides services to health plans, insurance companies, employers, labor unions and various governmental agencies.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 63.482 - 63.843 63.843 - 64.234
Low: 57.673 - 58.051 58.051 - 58.462
Close: 59.284 - 59.953 59.953 - 60.68

Technical analysis

as of: 2020-02-28 4:30:30 PM
Overall:       
Stoxline posted a SELL today, same as yesterday. Downward movement continues.
Target: Six months: 81.55     One year: 89.63
Support: Support1: 58.63    Support2: 48.78
Resistance: Resistance1: 69.82    Resistance2: 76.74
Pivot: 70.82
Moving Average: MA(5): 65.92     MA(20): 71.44
MA(100): 71.98     MA(250): 68.69
MACD: MACD(12,26): -2.56     Signal(9): -1.41
Stochastic oscillator: %K(14,3): 8.58     %D(3): 8.45
RSI: RSI(14): 19.62
52-week: High: 81.04  Low: 57.79  Change(%): -12.2
Average Vol(K): 3-Month: 14364  10-Days: 18215

Price, moving averages and Bollinger Bands

Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.
MGLN has closed below the lower band by 17.3%. If price is in a downtrend band; this downward trend in price might continue. However a short term pullback inside the band is likely. Bollinger Bands are 129.6% wider than normal. The large width of the bands suggest high volatility as compared to MGLN's normal range. The bands have been in this wide range for 2 bars. This is a sign that the current trend might continue.

Headline News

2020-02-28
Magellan Health (MGLN) Tops Q4 Earnings and Revenue Estimates
Magellan Health (MGLN) delivered earnings and revenue surprises of 29.17% and 0.50%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

2020-02-28
Magellan Health Reports 2019 Financial Results and Provides 2020 Guidance
PHOENIX--(BUSINESS WIRE)--Magellan Health announced 2019 financial results and 2020 guidance.

Financial Analysis

Growth
Growth measures the growth of both a company's revenue and net income. it tells investors how fast a company is growing.
Profitability
Profitability measures a company’s ability to generate earnings as compared to its expenses and other relevant costs.
Solvency
Solvency measures a company's ability to meet its long-term debts. Acceptable solvency ratios will vary from industry to industry.
Efficiency
Efficiency measures the strength of a company's return on invested capital. It can identify business that are better managed or not.
Click here to get more fundamental analysis.
Tweet this page Share on Facebook
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  Nasdaq Global Select
Sector:  Healthcare
Industry:  Health Care Plans
Shares Out. (M) 24.47
Shares Float (M) 21.79
% Held by Insiders 1.14
% Held by Institutions 100.39
Shares Short (K) 723
Shares Short P. Month (K)

Stock Financials

EPS 0.300
Book Value (p.s.) 55.680
PEG Ratio -16.65
Profit Margin 0.10
Operating Margin 0.56
Return on Assets (ttm) 0.8
Return on Equity (ttm) 0.6
Qtrly Rev. Growth -1.3
Gross Profit (p.s.) 8.133
Sales Per Share
EBITDA (p.s.) 5.065
Qtrly Earnings Growth -21.60
Operating Cash Flow (M) 275.25
Levered Free Cash Flow (M) 106.98

Stock Valuations

P/E 200.03
P/E Growth Ratio -0.08
P/BV 1.08
P/S 0.20
P/CF 5.33

Dividends & Splits

Dividend
Dividend Yield
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.
Forward Dividend
Last Split Date
Last Split Ratio -1e+010
7 Binary Options
Your Ad Here
android_stock_chart
Stock Chart
stoxline_lite
Stoxline Lite
stoxline_pro
Stoxline Pro
Option_Calculator
Option Calculator
(c) 2006-2019 Stoxline.com | Contact us           
Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Stoxline.com nor its data provider shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. By accessing the Stoxline.com web site, a user agrees not to redistribute the information found therein.