Cardinal Health Stock Hits Day High with 15.43% Surge in Intraday Performance

Cardinal Health, Inc. has experienced significant activity today, with the stock surging by 15.43% and reaching an intraday high of USD 195.15. This notable performance stands in contrast to the S&P 500, which remained flat at -0.0% for the day. Over the past week, Cardinal Health has shown a robust increase of 19.28%, and its one-month performance reflects a gain of 20.95%.
In the longer term, Cardinal Health has demonstrated impressive growth, with a one-year performance of 75.96% and a year-to-date increase of 60.51%. The stock has also outperformed the S&P 500 over three, five, and ten-year periods, with returns of 146.1%, 314.59%, and 314.59%, respectively.

Despite these positive performance indicators, the company faces challenges, including a negative book value and a weak long-term fundamental strength. The stock's price-to-earnings ratio stands at 27.00, while the return on equity is reported at -62.80%. Investors should consider these factors as they assess Cardinal Health's market position and overall performance.