McKesson Corporation (MCK) Shares are Down -0.2%

McKesson Corporation (MCK) : During the past 4 weeks, traders have been relatively bearish on McKesson Corporation (MCK), hence the stock is down -8.38% 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 -0.36% relative to the S&P 500. The 4-week change in the price of the stock is -8.87% and the stock has fallen -0.2% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.28% and the 50-Day Moving Average is 9.64%.The 200 Day SMA reached 5%


McKesson Corporation (NYSE:MCK): After opening at $164.97, the stock dipped to an intraday low of $163.565 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $167.21 and the buying power remained strong till the end. The stock closed at $166.75 for the day, a gain of 1.42% for the day session. The total traded volume was 2,085,203. The stocks close on the previous trading day was $166.75.

McKesson Corporation (MCK) : Average target price received by McKesson Corporation (MCK) is $197.78 with an expected standard deviation of $17.69. The most aggressive target on the stock is $230, whereas the most downbeat target is $172. 9 financial analysts are currently covering the stock.

McKesson Corporation (McKesson) is engaged in delivering pharmaceuticals, medical supplies and healthcare information technology. The Company operates through two business segments: McKesson Distribution Solutions and Technology Solutions. The McKesson Distribution Solutions segment distributes drugs and equipment, and health and beauty care products across North America and internationally. The Distribution Solutions segment provides pharmaceutical solutions for biotech and pharmaceutical manufacturers, and practice management, technology, clinical support and business solutions to oncology and other specialty practices operating in the community setting. The Technology Solutions segment delivers clinical, patient care, financial, supply chain and strategic management software solutions, as well as connectivity, outsourcing and other services, including remote hosting and managed services, to healthcare organizations.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *