Alert: Negative Investment/Fundamental Signals (11/18/24)-The Cigna Group (NYSE: CI)

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The Cigna Group (NYSE: CI) suffers from exceptional negative changes in investment behavior: its longer term price trend turned down, and negative upside/downside volume developed.

Recent meaningful negative changes in fundamentals have impacted The Cigna Group (NYSE: CI): the stock’s power rating fell below 50, and significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

CIGNA Group has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. CIGNA Group has a slightly positive Appreciation Score of 66 and a neutral Power Rating of 50, producing the High Neutral Value Trend Rating.

Recent Price Action

The Cigna Group (NYSE: CI) stock closed at $322.45 on 11/18/24 after a slight gain of 0.3%. However, trading volume in this advance was below average at 77% of normal. The stock has performed in line with the market over the last nine months and has risen 0.8% during the last week.

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