Mckesson Corporation’s recent filing unveils that its Director SALKA SUSAN R unloaded Company’s shares for reported $541.0 on May 13 ’24. In the deal valued at $554.61 per share,1 shares were sold. As a result of this transaction, SALKA SUSAN R now holds 0 shares worth roughly $0.0.
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Then, SALKA SUSAN R sold 606 shares, generating $338,171 in total proceeds. Upon selling the shares at $558.04, the Director now owns 0 shares.
Before that, SALKA SUSAN R sold 4 shares. Mckesson Corporation shares valued at $2,232 were divested by the Director at a price of $558.04 per share. As a result of the transaction, SALKA SUSAN R now holds 1 shares, worth roughly $564.52.
Leerink Partners initiated its Mckesson Corporation [MCK] rating to an Outperform in a research note published on February 26, 2024; the price target was $600. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early January with a ‘”an Overweight”‘ rating. Wells Fargo began covering MCK with “an Equal weight” recommendation on December 14, 2023. Citigroup started covering the stock on March 31, 2023. It rated MCK as “a Buy”.
Price Performance Review of MCK
On Friday, Mckesson Corporation [NYSE:MCK] saw its stock jump 1.58% to $564.52. Over the last five days, the stock has gained 0.82%. Mckesson Corporation shares have risen nearly 21.93% since the year began. Nevertheless, the stocks have risen 40.79% over the past one year. While a 52-week high of $566.01 was reached on 05/08/24, a 52-week low of $373.28 was recorded on 01/02/24. SMA at 50 days reached $535.44, while 200 days put it at $479.58. A total of 0.57 million shares were traded, compared to the trading of 0.76 million shares in the previous session.
Levels Of Support And Resistance For MCK Stock
The 24-hour chart illustrates a support level at 560.01, which if violated will result in even more drops to 555.50. On the upside, there is a resistance level at 566.95. A further resistance level may holdings at 569.38. The Relative Strength Index (RSI) on the 14-day chart is 68.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 11.33, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.11%. Stochastics %K at 81.72% indicates the stock is a selling.
