Shares of McKesson Corporation (NYSE:MCK) Sees Large Inflow of Net Money Flow

McKesson Corporation (NYSE:MCK) traded with a cut of -1.43 points or -0.8% at $178.32 per share. As per the last available information, the stock aggregated $46.53 million in upticks and $25.67 million in downticks, keeping the net money flow capped at $20.86 million. The up/down ratio was found to be 1.81. For the week, the shares have seen a change of -3.86% in the share price.A block trade of $20.41 million in upticks and $0 million in downticks also took place during the day. The up/down ratio for the block stood at 0. The net money flow for this transaction was $20.41 million.

McKesson Corporation has lost 4.15% in the last five trading days and dropped 1.02% in the last 4 weeks. McKesson Corporation is up 12.47% in the last 3-month period. Year-to-Date the stock performance stands at -9.56%.

Currently the company Insiders own 1.5% of McKesson Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -88.46% . Institutional Investors own 87.88% of McKesson Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -88.72%. . On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Chairman, President & CEO) of Mckesson Corp, Hammergren John H had sold 37,420 shares worth of $6,842,995 in a transaction dated May 24, 2016. In this transaction, 37,420 shares were sold at $182.87 per share.

McKesson Corporation (NYSE:MCK) witnessed a decline in the market cap on Friday as its shares dropped 1.1% or 1.97 points. After the session commenced at $179.92, the stock reached the higher end at $180.38 while it hit a low of $176.88. With the volume soaring to 1,522,956 shares, the last trade was called at $177.78. The company has a 52-week high of $238.5. The company has a market cap of $40,004 million and there are 225,020,520 shares in outstanding. The 52-week low of the share price is $148.29.

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.

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