Cardinal Health (CAH) Shares are Down -2.9%

Cardinal Health (CAH) : During the past 4 weeks, traders have been relatively bearish on Cardinal Health (CAH), hence the stock is down -4.88% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.26% relative to the S&P 500. The 4-week change in the price of the stock is -5.08% and the stock has fallen -2.9% in the past 1 week.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 4.35% and the fifty day Moving Average is 2.02%. Cardinal Health, Inc. is up 2.14% in the last three month period. Year-to-Date the stock performance stands at -10.16%.

Cardinal Health (CAH) : 10 investment research analysts covering Cardinal Health (CAH) have an average price target of $95.7 for the near short term. The highest target price given by the Brokerage Firm to the stock is $111 and the lowest target is $89 for the short term. Analysts expect the variance to be within $6.82 of the average price.


Cardinal Health (NYSE:CAH): On Fridays trading session , Opening price of the stock was $79.65 with an intraday high of $79.76. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $78.76. However, the stock managed to close at $79.35, a loss of 0.01% for the day. On the previous day, the stock had closed at $79.36. The total traded volume of the day was 1,743,684 shares.

Cardinal Health, Inc. is a healthcare services and products company. The Company operates in two segments: Pharmaceutical and Medical. The Company also provides medical products to patients in the home. In the United States, the Companys Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare and consumer products through its Pharmaceutical Distribution division to retailers, hospitals and other healthcare providers. In China, the Pharmaceutical segment distributes branded, generic and specialty pharmaceutical, over-the-counter healthcare and consumer products, provides logistics, marketing and other services and operates direct-to-patient specialty pharmacies through Cardinal Health China. The Medical segment distributes a range of medical, surgical and laboratory products and provides services to hospitals, ambulatory surgery centers, clinical laboratories and other healthcare providers.

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