Technical Briefing on Health Care Providers and Services Equities - AmerisourceBergen, Cardinal Health, McKesson, HCA Holdings, and Universal Health Services
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LONDON, October 9, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: AmerisourceBergen Corporation (NYSE: ABC), Cardinal Health Inc. (NYSE: CAH), McKesson Corporation (NYSE: MCK), HCA Holdings Inc. (NYSE: HCA), and Universal Health Services Inc. (NYSE: UHS). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Wednesday, October 8, 2014, the NASDAQ Composite ended at 4,468.59, up 1.90%, the Dow Jones Industrial Average advanced 1.64%, to finish the day at 16,994.22, and the S&P 500 closed at 1,968.89, up 1.75%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Health Care Sector Index ended the day at 748.81, up 2.52%, and the index has advanced 5.56% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
On Wednesday, shares in AmerisourceBergen Corp. recorded a trading volume of 1.42 million shares, higher than its three months average volume of 1.36 million shares. The stock ended the day at $77.89, which was 1.82% above its previous day's closing of $76.50, and registered an intraday range of $76.33 and $77.98. Shares of the company traded at a PE ratio of 66.36. Although AmerisourceBergen Corp.'s shares have lost 0.56% in the last one month, it has advanced 6.89% in the last three months and 10.78% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $77.02 and $71.01, respectively. Furthermore, shares of AmerisourceBergen Corp. have a Relative Strength Index (RSI) of 44.97. Sign up and read the free notes on ABC at:
www.Investor-Edge.com/ABC-09Oct2014
Cardinal Health Inc.'s stock advanced 2.91%, to close Wednesday's session at $76.66, after oscillating between $74.52 and $76.69. The stock recorded a trading volume of 2.09 million shares, above its three months average volume of 1.85 million shares. Over the last one month and over the previous three months, Cardinal Health Inc.'s shares have advanced 1.66% and 9.88%, respectively. Further, the stock has surged 14.74% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $73.76 is above its 200-day moving average of $70.17. Further, Cardinal Health Inc.'s stock traded at a PE ratio of 22.01 and has an RSI of 46.99. The complimentary notes on CAH can be downloaded as in PDF format at:
www.Investor-Edge.com/CAH-09Oct2014
On Wednesday, shares in McKesson Corp. fluctuated between $194.35 and $199.82 before ending the session 3.13% higher at $199.73. The stock reported a trading volume of 1.13 million shares, above its three months average volume of 0.92 million shares. Shares of the company traded at a PE ratio of 29.42. McKesson Corp.'s shares have gained 0.07% in the previous three trading sessions, 6.24% in the last three months and 23.75% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $193.75 and $181.45, respectively. Moreover, shares of McKesson Corp. have an RSI of 47.70. Register for free on Investor-Edge and access the latest research on MCK at:
www.Investor-Edge.com/MCK-09Oct2014
HCA Holdings Inc.'s stock finished Wednesday's session 1.55% higher at $72.09. A total of 3.52 million shares were traded, which was above its three months average volume of 3.19 million shares. The stock moved between $70.34 and $72.37 during the session. HCA Holdings Inc.'s shares have gained 2.65% in the last one month and 32.23% in the previous three months. Additionally, from the beginning of 2014, the stock has gained an upside of 51.10%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $69.30 is greater than its 200-day moving average of $56.34. HCA Holdings Inc.'s stock traded at a PE ratio of 18.35 and has an RSI of 52.72. The complete research on HCA is available for free at:
www.Investor-Edge.com/HCA-09Oct2014
Universal Health Services Inc.'s stock gained 2.32%, to close the day at $108.17. The stock recorded a trading volume of 0.81 million shares, below its three months average volume of 1.14 million shares. The stock oscillated between $105.06 and $108.22 during the session. Over the previous three trading sessions and the last three months, Universal Health Services Inc.'s shares have gained 0.72% and 16.56%, respectively. Further, the stock has surged 33.12% since the start of this year. The company's stock is trading above its 200-day moving average of $91.21, while the 200-day moving average is below the stock's 50-day moving average of $110.01. Additionally, the stock traded at a PE ratio of 20.73 and has an RSI of 41.46. Free in depth research on UHS is available at:
www.Investor-Edge.com/UHS-09Oct2014
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