Amerigroup Corporation

(

AGP

) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day down 1.4%. By the end of trading, Amerigroup Corporation rose 78 cents (1.4%) to $56.90 on average volume. Throughout the day, 841,249 shares of Amerigroup Corporation exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in a price between $56.12-$57.42 after having opened the day at $57.20 as compared to the previous trading day's close of $56.12. Other companies within the Health Services industry that increased today were:

NeuroMetrix

(

NUROD

), up 14.1%,

Pressure BioSciences

(

PBIO

), up 9.8%,

BSD Medical Corporation

(

BSDM

), up 9%, and

Gentiva Health Services

(

GTIV

), up 8.2%.

AMERIGROUP Corporation operates as a multi-state managed healthcare company. Amerigroup Corporation has a market cap of $2.6 billion and is part of the

health care

sector. The company has a P/E ratio of 11.5, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 27.7% year to date as of the close of trading on Friday. Currently there are six analysts that rate Amerigroup Corporation a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Amerigroup Corporation as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front,

TearLab Corpoartion

(

TEAR

), down 12.2%,

Trius Therapeutics

(

TSRX

), down 12%,

Kensey Nash Corporation

(

KNSY

), down 10.8%, and

World Heart Corporation

(

WHRT

), down 9.1%, were all losers within the health services industry with

Express Scripts

(

ESRX

) being today's health services industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health services industry could consider

Health Care Select Sector SPDR

(

XLV

) while those bearish on the health services industry could consider

ProShares Ultra Short Health Care

(

RXD

).

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