McKesson Corporation (MCK) Shares are Down -5.71%

McKesson Corporation (MCK) : During the past 4 weeks, traders have been relatively bearish on McKesson Corporation (MCK), hence the stock is down -5.85% 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 -5.08% relative to the S&P 500. The 4-week change in the price of the stock is -6.05% and the stock has fallen -5.71% 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 5.71% and the fifty day Moving Average is 4.38%. McKesson Corporation is up 1.02% in the last three month period. Year-to-Date the stock performance stands at -7.01%.

McKesson Corporation (MCK) : The highest level McKesson Corporation (MCK) is projected to reach is $230 for the short term and the lowest estimate is at $172. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $206.11 and the possibility the share price can swing is $16.41.


McKesson Corporation (NYSE:MCK): On Fridays trading session , Opening price of the stock was $183.69 with an intraday high of $184.11. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $181.82. However, the stock managed to close at $182.79, a loss of 0.28% for the day. On the previous day, the stock had closed at $183.3. The total traded volume of the day was 1,661,342 shares.

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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