Medibank Private Ltd (MPL.xasx)

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Medibank Private Ltd (MPL.xasx) Profile

Medibank Private Ltd (MPL.xasx) is an integrated healthcare insurance company, the largest in Australia, with headquarters in Docklands. The company offers private health insurance products to 3.7M members and health cover for hospital treatments, whereas ancillary cover provides health cover for healthcare services such as dental, optical and physiotherapy. Medibank has offices in Melbourne, Sydney, Brisbane, Griffith, Wollongong and is the parent company of Ahm health insurance, Medibank Health Solutions pty Ltd, Medical Private Employee Share Plan Trust. The Medibank stock (MPL.xasx) is listed on the Australian Securities Exchange, had a market capitalisation of $9.50 (AUD) as of December 2021 and $7.61B (AUD) in 2021 revenue. The company employs more than 3400 people. Medibank Private Ltd has been awarded ‘Outstanding Value Insurance’ for 14 years in a row. Medibank Private invested $63M (AUD) to focus on preventative health in the Myhealth Medical Group of GP clinics in 2021 year. Also invested $1.1M (AUD) in health research and launched the Healthy Mind website to connect people to mental health information and support.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
16:30-23:00
Mon
16:30-23:00
Tue
16:30-23:00
Wed
16:30-23:00
Thu
16:30-23:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 16418

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