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WellPoint

(

WLP

) pushed the Health Services industry lower today making it today's featured Health Services loser. The industry as a whole was unchanged today. By the end of trading, WellPoint fell $5.48 (-7.9%) to $64.01 on heavy volume. Throughout the day, 17.7 million shares of WellPoint exchanged hands as compared to its average daily volume of 2.7 million shares. The stock ranged in price between $64-$71.34 after having opened the day at $68.67 as compared to the previous trading day's close of $69.49. Other company's within the Health Services industry that declined today were:

D Medical Industries

(

DMED

), down 23.7%,

Amedisys

(

AMED

), down 9.1%,

Stereotaxis

(

STXS

), down 7.6%, and

TheStreet Recommends

Tengion

(

TNGN

), down 7.4%.

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WellPoint, Inc., through its subsidiaries, operates as a health benefits company in the United States. The company offers various network-based managed care plans to large and small employer, individual, Medicaid, and senior markets. WellPoint has a market cap of $22.86 billion and is part of the

health care

sector. The company has a P/E ratio of 9.4, 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 4.3% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate WellPoint a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates WellPoint as a

buy

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

On the positive front,

Foundation SunLink Healthcare Affiliates In

(

SSY

), up 24.2%,

Synergetics USA

(

SURG

), up 22.7%,

Bovie Medical Corporation

(

BVX

), up 11.5%, and

HCA Holdings

(

HCA

), up 10.8%, were all gainers within the health services industry with

Express Scripts

(

ESRX

) being today's featured health services industry winner.

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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