Shares of McKesson Corporation (NYSE:MCK) traded today at $208.87, eclipsing its 52-week high. Approximately 350,000 shares have changed hands today, as compared to an average 30-day volume of 1.3 million shares.
In the past 52 weeks, shares of McKesson Corporation have traded between a low of $141.32 and a high of $208.87 and is now at $208.46, which is 48% above that low price.
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.
Based on a current price of $208.46, McKesson Corporation is currently 0.7% above its average consensus analyst price target of $206.93.
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