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Cardinal Health Inc.: Weathering Stock Market Storms with 21.94B Market Cap

Cardinal Health Inc. (CAH) stock is currently valued at $87.70. During the last session, the stock experienced a remarkable rise, reaching $88.435 after opening at $88.10. The stock briefly dropped to $87.02 before ultimately closing at $87.95.

Cardinal Health Inc. saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $95.45 on 08/15/23, while the lowest price for the same duration was marked at $64.99 on 09/23/22.

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52-week price history of CAH Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Cardinal Health Inc.’s current trading price is -8.12% away from its 52-week high, while its distance from the 52-week low is 34.94%. The stock’s price range during this period has spanned from $64.99 to $95.45. In the Healthcare sector, the Cardinal Health Inc.’s shares surpassed a trading volume of approximately 2.08 million for the day, which was noticeably lower compared to the average daily volume of 9.2.3 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Cardinal Health Inc. (CAH) has experienced a quarterly rise of 0.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.94B and boasts a workforce of 48000 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 88.49, with a change in price of +7.62. Similarly, Cardinal Health Inc. recorded 2,268,326 in trading volume during the last 100 days, posting a change of +9.52%.

CAH Stock Stochastic Average

Today, Cardinal Health Inc.’s raw stochastic average for the past 50 days stands at 25.01%, indicating a decline from the raw stochastic average of the last 20 days, which was 48.54%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 44.12% and 41.98% respectively.

CAH Stock Price Performance Analysis

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Until today this year the stock’s price performance recorded an increase of 14.09%. However, over the last six months, the performance has been weaker by 25.61%. The price of CAH decreased -3.17% over the last 30 days. And in the last five days, it has fallen by -1.00%.

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