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) pushed the Health Care sector lower today making it today's featured Health Care laggard. The sector as a whole closed the day down 1.8%. By the end of trading, Actavis fell $6.33 (-2.8%) to $220.82 on heavy volume. Throughout the day, 3,710,133 shares of Actavis exchanged hands as compared to its average daily volume of 2,017,300 shares. The stock ranged in price between $219.66-$227.71 after having opened the day at $227.71 as compared to the previous trading day's close of $227.15. Other companies within the Health Care sector that declined today were:
), down 24.4%,
), down 20.1%,
), down 14.9% and
), down 14.6%.
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Actavis plc, an integrated specialty pharmaceutical company, develops, manufactures, markets, and distributes pharmaceutical products in the United States, Canada, and internationally. Actavis has a market cap of $39.6 billion and is part of the drugs industry. Shares are up 35.2% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Actavis a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and generally higher debt management risk.
- You can view the full Actavis Ratings Report.
On the positive front,
), up 11.8%,
), up 10.7%,
), up 9.2% and
), up 8.8% , were all gainers within the health care sector with
) being today's featured health care sector leader.
- Use our health care section to find sector-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health care sector could consider
) while those bearish on the health care sector could consider
- Find other investment ideas from our top rated ETFs lists.