Shares of McKesson Corporation (MCK) Rise Above Previous 52-Week High

July 29, 2021 10:57:16

Shares of McKesson Corporation (NYSE:MCK) traded today at $205.61, eclipsing its 52-week high. Approximately 148,000 shares have changed hands today, as compared to an average 30-day volume of 1.4 million shares.

McKesson Corp is the largest leading third-party logistics providers. The company is engaged in wholesale pharmaceutical and medical products sourcing, distribution and dispensing, contract manufacturing, and related IT services to acute care hospitals and health systems, independent and chain retail pharmacies in North America, Europe, and Canada. Through acquisition and joint ventures McKesson also runs the fourth- largest pharmacy chain and provides technology and consulting services to manufacturers, pharmacies, physician offices, surgery centers, long-term care facilities, and home healthcare businesses.

McKesson Corporation share prices have moved between a 52-week high of $205.61 and a 52-week low of $141.32 and are now trading 45% above that low price at $204.84 per share.

McKesson Corporation (NYSE:MCK) defies analysts with a current price ($204.84) 0.4% above its average consensus price target of $204.05.

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