Volcano Corporation (VOLC): Today's Featured Health Services Loser

The health services industry closed the day up 2.2%. Response Genetics Inc ( RGDX), American Caresource Holdings Inc ( ANCI), Natus Medical Inc ( BABY), and Pressure BioSciences Inc ( PBIO) were all decliners today within the health services industry with Volcano Corporation ( VOLC) being today's featured health services loser. Volcano Corporation fell 42 cents (-1.4%) to $28.70 on average volume. Throughout the day, 767,580 shares of Volcano Corporation exchanged hands as compared to its average daily volume of 543,800 shares.

Volcano Corporation designs, develops, manufactures, and commercializes a suite of intravascular ultrasound (IVUS) and functional measurement (FM) products used in the diagnosis and treatment of vascular and structural heart disease. Volcano Corporation has a market cap of $1.6 billion and is part of the health care sector. The company has a P/E ratio of 159.6, below the average health services industry P/E ratio of 168.4 and above the S&P 500 P/E ratio of 17.7. Shares are up 11.9% year to date as of the close of trading on Friday.

TheStreet Ratings rates Volcano as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and premium valuation.

On the positive front, BG Medicine Inc ( BGMD), Solta Medical Inc ( SLTM), eResearch Technology ( ERT), and Neostem Inc ( NBS) 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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