Medibank Private Ltd (ASX:MPL)’s share price rose 0.9% on Tuesday . The stock traded as high as A$3.41 ($2.41) and last traded at A$3.39 ($2.40), approximately 7,735,658 shares traded hands during trading. The stock had previously closed at A$3.36 ($2.38).
The company has a market capitalization of $9.34 billion and a price-to-earnings ratio of 22.91. The firm’s fifty day moving average price is A$3.55.
About Medibank Private (ASX:MPL)
Medibank Private Limited, an integrated healthcare company, provides private health insurance and health solutions in Australia. It operates in two segments, Health Insurance and Medibank Health. The Health Insurance segment offers private health insurance products, including hospital cover that provides members with health cover for hospital treatments; and ancillary cover, which offers members with health cover for healthcare services, such as dental, optical, and physiotherapy.
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