Theravance Inc. (THRX): Today's Featured Health Care Laggard
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 modelTheravance (THRX) pushed the Health Care sector lower today making it today's featured Health Care laggard. The sector as a whole closed the day up 1.6%. By the end of trading, Theravance fell $0.63 (-1.9%) to $31.93 on average volume. Throughout the day, 1,468,889 shares of Theravance exchanged hands as compared to its average daily volume of 1,012,300 shares. The stock ranged in price between $31.58-$33.00 after having opened the day at $32.33 as compared to the previous trading day's close of $32.56. Other companies within the Health Care sector that declined today were: Aoxing Pharmaceutical Company (AXN), down 17.6%, American Caresource Holdings (ANCI), down 11.9%, Atossa Genetics (ATOS), down 10.1% and LipoScience (LPDX), down 6.6%.
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