Shares of McKesson Corporation (NYSE:MCK) traded today at $253.56, eclipsing its 52-week high. So far today approximately 219,000 shares have been exchanged, as compared to an average 30-day volume of 1 million shares.
In the past 52 weeks, shares of McKesson Corporation have traded between a low of $169.34 and a high of $253.56 and is now at $252.55, which is 49% above that low price.
McKesson Corporation (NYSE:MCK) is currently priced 5.5% above its average consensus analyst price target of $238.54.
McKesson is a leading wholesaler of branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with AmerisourceBergen and Cardinal Health, the three account for well over 90% of the U.S. pharmaceutical wholesale industry. Outside the U.S. market, McKesson engages in pharmaceutical wholesale and distribution in Europe and Canada. Additionally, the company supplies medical-surgical products and equipment to healthcare facilities and provides a variety of technology solutions for pharmacies.
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