Amerisourcebergen Corporation (NYSE:ABC) Shorts Strengthened By 6.95%

AmerisourceBergen Corporation (NYSE:ABC) Corporate Logo

Amerisourcebergen Corporation (NYSE:ABC) had an increase of its short interest by 6.95%. In December was published ABC’s total 3.87 million short interest by FINRA. The 3.62 million previous shares are up with 6.95%. Previous ABC’s position will need 4 days to recover. It has 937,600 average volume. Amerisourcebergen Corporation’s short interest float is 2.43%.

Ticker’s shares touched $84.32 during the last trading session after 1.93% change.Currently AmerisourceBergen Corporation is uptrending after 1.56% change in last December 8, 2017. ABC has also 934,709 shares volume. The stock underperformed the S&P 500 by 14.06%.

AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally.The company has $17.87 billion market cap. The Company’s Pharmaceutical Distribution segment distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, outsourced compounded sterile preparations, and related services to various healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and other alternate site pharmacies, and other customers.The P/E ratio is 11.2. It also provides pharmacy management, staffing, and other consulting services; supply management software to retail and institutional healthcare providers; and packaging solutions to various institutional and retail healthcare providers.

AmerisourceBergen Corporation (NYSE:ABC) Ratings Coverage

In total 3 analysts cover AmerisourceBergen (NYSE:ABC). “Buy” rating has 0, “Sell” are 0, while 3 are “Hold”. (NYSE:ABC) has 0 bullish analysts. 4 are the (NYSE:ABC)’s ratings reports on Dec 8, 2018 according to StockzIntelligence Inc. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, July 3. On Monday, December 3 the firm has “Equal-Weight” rating by Morgan Stanley given. In Friday, November 30 report RBC Capital Markets maintained the stock with “Sector Perform” rating. The company rating was downgraded by Robert W. Baird on Friday, July 20.

For more AmerisourceBergen Corporation (NYSE:ABC) news released briefly go to: Nasdaq.com, Streetinsider.com, Bizjournals.com, Digitaljournal.com or Seekingalpha.com. The titles are as follows: “Recent Analysis Shows NetApp, Williams-Sonoma, DENTSPLY SIRONA, Applied Materials, Alleghany, and AmerisourceBergen Market Influences — Renewed Outlook, Key Drivers of Growth – Nasdaq” released on December 04, 2018, “Baupost Group’s 13F Shows New Stake in Liberty (LBTYK), Univar (UNVR), Increase in AmerisourceBergen (ABC), (more …) – StreetInsider.com” on November 13, 2018, “AmerisourceBergen’s Natomas distribution center plans big solar installation – Sacramento Business Journal” with a publish date: December 07, 2018, “NYSE: ABC Shareholder Notice: Investigation over Possible Securities Laws Violations by AmerisourceBergen Corporation – Press Release – Digital Journal” and the last “Opioid industry fights New York Stewardship Act – Seeking Alpha” with publication date: November 20, 2018.

AmerisourceBergen Corporation (NYSE:ABC) Analyst Ratings Chart

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