Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- McKesson (NYSE: MCK) hit a new 52-week high Thursday as it is currently trading at $106.92, above its previous 52-week high of $106.90 with 1.2 million shares traded as of 1:56 p.m. ET. Average volume has been 1.3 million shares over the past 30 days. McKesson has a market cap of $24.24 billion and is part of the services sector and wholesale industry. Shares are up 8.9% year to date as of the close of trading on Wednesday. McKesson Corporation, together with its subsidiaries, delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry primarily in the United States. It operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7.
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