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.
) pushed the Health Services industry lower today making it today's featured Health Services laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Health Management Associates fell $0.58 (-3.7%) to $15.21 on heavy volume. Throughout the day, 9,254,251 shares of Health Management Associates exchanged hands as compared to its average daily volume of 5,985,500 shares. The stock ranged in price between $14.94-$15.78 after having opened the day at $15.75 as compared to the previous trading day's close of $15.79. Other companies within the Health Services industry that declined today were:
), down 10.6%,
), down 6.5%,
), down 6.4% and
), down 6.1%.
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Health Management Associates, Inc., through its subsidiaries, engages in the operation of general acute care hospitals and other health care facilities in non-urban communities in the United States. Health Management Associates has a market cap of $4.1 billion and is part of the health care sector. Shares are up 69.4% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Health Management Associates a buy, 1 analyst rates it a sell, and 12 rate it a hold.
TheStreet Ratings rates
Health Management Associates
. The company's strengths can be seen in multiple areas, such as its notable return on equity and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow.
- You can view the full Health Management Associates Ratings Report.
On the positive front,
), up 36.0%,
), up 14.5%,
), up 8.5% and
), up 7.7% , were all gainers within the health services industry with
) being today's featured health services industry leader.
- Use our health services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health services industry could consider
) while those bearish on the health services industry could consider
- Find other investment ideas from our top rated ETFs lists.