Stock price performance of AmerisourceBergen Corporation (Holding Co) is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 13.13% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 0.48% . Looking at the past 52 week period, the stock price is up at 5.41% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of AmerisourceBergen Corporation (Holding Co) has a negative value of -9.66 compared to overall market performance. The stock has recorded a 20-day Moving Average of 1.35% and the 50-Day Moving Average is 2.39%.The 200 Day SMA reached 1.85%
AmerisourceBergen Corporation is having a Relative Strength Index of 63.94 which indicates the stock is not yet over sold or over bought based on the technical indicators. AmerisourceBergen Corporation (Holding Co) (NYSE:ABC) has climbed 8.31% in the past week and advanced 5.28% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 8.18% and the outperformance has advanced to 4.35% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Feb 2, 2017, Steven H Collis (Chairman, President & CEO) sold 15,000 shares at 87.15 per share price.On Sep 22, 2016, Henry Wadsworth Iii Mcgee (director) sold 3,351 shares at 82.10 per share price.On Sep 8, 2016, Kathy H. Gaddes (Executive Vice President) sold 681 shares at 88.15 per share price.
AmerisourceBergen Corp. Last issued its quarterly earnings results on Jan 31, 2017. The company reported $1.36 EPS for the quarter, beating the analyst consensus estimate by $ 0.13. Analyst had a consensus of $1.23. The company had revenue of $38169.30 million for the quarter, compared to analysts expectations of $39009.35 million. The companys revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.27 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.AmerisourceBergen Corp. was Upgraded by Leerink Partners to Outperform on Jan 17, 2017. AmerisourceBergen Corp. was Upgraded by BofA/Merrill to Buy on Jan 12, 2017. AmerisourceBergen Corp. was Downgraded by Mizuho on Jan 3, 2017 to Neutral, Price Target of the shares are set at $83.AmerisourceBergen Corp. was Upgraded by Morgan Stanley to Overweight on Nov 10, 2016. AmerisourceBergen Corp. was Upgraded by Mizuho on Nov 9, 2016 to Buy, Price Target of the shares are set at $83.
AmerisourceBergen Corporation (Holding Co) (NYSE:ABC) : On Friday heightened volatility was witnessed in AmerisourceBergen Corporation (Holding Co) (NYSE:ABC) which led to swings in the share price. The stock opened for trading at $88.57 and hit $89.61 on the upside , eventually ending the session at $89.28, with a gain of 1.4% or 1.23 points. The heightened volatility saw the trading volume jump to 2,990,323 shares. The 52-week high of the share price is $92.48 and the company has a market cap of $19,399 million. The 52-week low of the share price is at $68.38 .
AmerisourceBergen Corporation provides pharmaceutical services. It distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services to various healthcare providers. The Company also provides pharmacy services to certain specialty drug patients. AmerisourceBergen Corporation is based in Chesterbrook, Pennsylvania.