Before the Bell Stock Update: Cardinal Health, AmerisourceBergen, McKesson, and Omnicare
LONDON, December 19, 2013 /PRNewswire/ --
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On Wednesday, December 18, 2013, the U.S. equity market rose. The S&P 500 ended the day at 1,810.65, up 1.66%; the Dow Jones Industrial Average closed at 16,167.97, up 1.84%; and the NASDAQ Composite Index finished at 4,070.06, up 1.15%. The S&P 500 Health Care Sector Index rose 2.40% to close the session at 634.55; and the S&P 500 Health Care Providers & Services Industry Index gained 1.92% to close at 437.51. The S&P 500 Health Care Providers & Services Industry Index has gained 5.74% in the previous three months and 2.07% in the last three trading sessions, outperforming the S&P 500, which has gained 4.93% and 1.99% during the respective periods. The major movers in the industry included Cardinal Health Inc. (NYSE: CAH), AmerisourceBergen Corp. (NYSE: ABC), McKesson Corp. (NYSE: MCK), and Omnicare Inc. (NYSE: OCR). AAAResearchReports.com free coverage on CAH, ABC, MCK, and OCR is available upon registration at:
Cardinal Health Inc.'s stock advanced 2.13% on Wednesday, tracking gains in the US equity market. The company's shares ended the day at $66.77, after oscillating between $65.11 and $66.83 during the trading session. A total of 2.65 million shares were traded, which is below the daily average volume 3.10 million. The company's shares have gained 25.23% in the previous three months and 3.15% in the last one month, outperforming the S&P 500, which has gained 4.93% and 1.07% during the respective periods. Moreover, Cardinal Health Inc.'s stock is trading above its 50-day and 200-day moving averages of $60.87 and $51.20, respectively. Download free technical research on CAH by signing up at:
On Wednesday, AmerisourceBergen Corp.'s stock closed the day at $69.61, up 1.84% from the previous day's closing price of $68.35. The company's shares fluctuated between $68.16 and $69.67 during the trading session. A total of 1.73 million shares were traded, which is above the daily average volume of 1.44 million. The company's shares have surged 13.21% in the previous three months, outperforming the S&P 500, which has gained 4.93% during the same period. Furthermore, AmerisourceBergen Corp.'s stock is trading above its 50-day and 200-day moving averages of $67.16 and $58.62, respectively. Register now and get access to free analysis on ABC at:
McKesson Corp.'s stock gained 1.65% on Wednesday, tracking the broader market. The company's shares finished the day at $161.03, after fluctuating between $156.81 and $161.06 during the trading session. A total of 1.11 million shares were traded, which is below the daily average volume of 1.72 million. The company's shares have gained 2.31% in the previous three trading sessions and 22.35% in the last three months, outperforming the S&P 500, which has gained 1.99% and 4.93% during the respective periods. Further, McKesson Corp.'s stock is trading above its 50-day and 200-day moving averages of $154.57 and $126.07, respectively.
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Shares in Omnicare Inc. vacillated between $58.73 and $59.63 before closing the day 0.51% higher at $59.59. A total of 0.66 million shares were traded, which is below the daily average volume of 1.01 million. The company's shares have advanced 6.41% in the previous three months and 3.94% in the last one month, outperforming the S&P 500, which has gained 4.93% and 1.07% during the respective periods. Moreover, Omnicare Inc.'s stock is trading near its 52-week high of $59.83 and also above its 50-day and 200-day moving averages of $56.92 and $50.30, respectively. The free report on OCR can be downloaded by signing up now at:
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