McKesson Corporation (MCK) Shares are Up 0.1%

McKesson Corporation (MCK) : During the past 4 weeks, traders have been relatively bearish on McKesson Corporation (MCK), hence the stock is down -5.88% 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 -0.4% relative to the S&P 500. The stock has risen by 0.1% in the past week indicating that the buyers are active at lower levels, but the stock is down -6% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 4.2% and the 50-Day Moving Average is 4.34%.The 200 Day SMA reached 3.33%. McKesson Corporation has dropped 2.09% during the last 3-month period . Year-to-Date the stock performance stands at -6.77%.


McKesson Corporation (NYSE:MCK): The stock opened in the green at $184.04 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $184.439 and a low of $182.67 for the day. The stock did not find buyers even at the lows and closed at $182.98 recording a loss of -0.16%. 668,481 shares exchanged hands during the trading day. The stock had closed at $183.27 in the previous days trading.

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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