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3 Stocks Pushing The Drugs Industry Lower

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

The Drugs industry as a whole closed the day down 1.1% versus the S&P 500, which was unchanged. Laggards within the Drugs industry included Aoxing Pharmaceutical ( AXN), down 3.3%, Reliv' International ( RELV), down 7.0%, Celator Pharmaceuticals ( CPXX), down 6.0%, Oragenics ( OGEN), down 3.9% and Celsus Therapeutics ( CLTX), down 1.8%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

Celator Pharmaceuticals ( CPXX) is one of the companies that pushed the Drugs industry lower today. Celator Pharmaceuticals was down $0.16 (6.0%) to $2.53 on light volume. Throughout the day, 10,323 shares of Celator Pharmaceuticals exchanged hands as compared to its average daily volume of 20,100 shares. The stock ranged in price between $2.52-$2.70 after having opened the day at $2.69 as compared to the previous trading day's close of $2.69.

Celator Pharmaceuticals has a market cap of $67.8 million and is part of the health care sector. Shares are down 20.0% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate Celator Pharmaceuticals a buy, no analysts rate it a sell, and none rate it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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