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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 up 0.8%. By the end of trading, Incyte fell $1.35 (-2.0%) to $65.91 on average volume. Throughout the day, 1,496,818 shares of Incyte exchanged hands as compared to its average daily volume of 1,710,800 shares. The stock ranged in price between $65.78-$68.27 after having opened the day at $66.96 as compared to the previous trading day's close of $67.26. Other companies within the Health Care sector that declined today were:
), down 14.3%,
), down 12.3%,
), down 10.9% and
), down 9.1%.
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Incyte Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of proprietary small molecule drugs for oncology and inflammation. Incyte has a market cap of $11.3 billion and is part of the drugs industry. Shares are up 32.9% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Incyte a buy, 1 analyst rates it a sell, and 1 rates it a hold.
TheStreet Ratings rates
. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share and deteriorating net income.
- You can view the full Incyte Ratings Report.
On the positive front,
), up 18.9%,
), up 14.8%,
), up 14.2% and
), up 13.9% , 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.
- 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 care sector could consider
) while those bearish on the health care sector could consider
- Find other investment ideas from our top rated ETFs lists.