Stock price performance of Cardinal Health, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 4.9% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -8.38% . Looking at the past 52 week period, the stock price is down -2.27% . 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 Cardinal Health, Inc. has a negative value of -12.18 compared to overall market performance. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 2.67% and the 50-Day Moving Average is 0.25%.The 200 Day SMA reached 5.1%
Cardinal Health, Inc. is having a Relative Strength Index of 53.65 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Cardinal Health, Inc. (NYSE:CAH) rallied by 3.31% during the past week but lost 0.61% on a 4-week basis. The company has outperformed the S&P 500 by 3.19% in the past week but underperformed the index by 1.49% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Nov 14, 2016, George S Barrett (Chairman and CEO) sold 217,995 shares at 71.19 per share price.On Aug 22, 2016, Stuart G Laws (SVP & Chief Accounting Officer) sold 9,703 shares at 82.45 per share price.On Aug 22, 2016, Patricia Morrison (Chief Information Officer) sold 43,959 shares at 82.50 per share price.
Cardinal Health Inc Last issued its quarterly earnings results on Oct 31, 2016. The company reported $1.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $1.20. The company had revenue of $32039.00 million for the quarter, compared to analysts expectations of $31007.13 million. The companys revenue was up 14.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.38 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Cardinal Health Inc was Downgraded by Mizuho on Jan 3, 2017 to Neutral, Price Target of the shares are set at $79.Cardinal Health Inc was Downgraded by Leerink Partners to Mkt Perform on Dec 21, 2016.
Cardinal Health, Inc. (NYSE:CAH) : On Friday heightened volatility was witnessed in Cardinal Health, Inc. (NYSE:CAH) which led to swings in the share price. The stock opened for trading at $74.69 and hit $75.09 on the upside , eventually ending the session at $74.87, with a gain of 0.58% or 0.43 points. The heightened volatility saw the trading volume jump to 1,581,084 shares. The 52-week high of the share price is $87.85 and the company has a market cap of $23,963 million. The 52-week low of the share price is at $62.7 .
Cardinal Health, Inc. is one of the leading providers of products and services to healthcare providers and manufacturers to help them improve the efficiency and quality of healthcare. These services and products include Pharmaceutical Distribution and Provider Services, Medical-Surgical Products and Services, Pharmaceutical Technologies and Services and Automation and Information Services.