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Cardinal Health, Inc. (CAH) Shares Cross Above 200 DMA

By Market News Video Staff, Monday, August 29, 11:36 AM ET
Play Video: Learn About The 200 DMA


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In trading on Monday, shares of Cardinal Health, Inc. (NYSE:CAH) crossed above their 200 day moving average of $41.64, changing hands as high as $41.95 per share. Cardinal Health, Inc. shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of CAH shares, versus its 200 day moving average:

Cardinal Health, Inc. 200 Day Moving Average Chart

Looking at the chart above, CAH's low point in its 52 week range is $29.69 per share, with $47.06 as the 52 week high point that compares with a last trade of $41.59.

According to the ETF Finder at ETF Channel, CAH makes up 2.69% of the Rydex S&P 500 Equal Weight Health Care ETF (AMEX:RYH) which is trading higher by about 1.8% on the day Monday.

See what other ETFs contain CAH
See what other stocks are held by RYH

CAH operates in the Drugs & Pharmaceuticals sector, among companies like Corcept Therapeutics Inc (NASDAQ:CORT) which is up about 1.8% today, and Pernix Therapeutics Holdings, Inc. (NASDAQ:PTX) trading lower by about 6.2%. Below is a three month price history chart comparing the stock performance of CAH, versus CORT and PTX.

CAH,CORT,PTX Relative Performance Chart


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Cardinal Health, Inc. (CAH) Shares Cross Above 200 DMA | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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