The health services industry closed the day up 1.3%. MedCath Corporation ( MDTH), Pressure BioSciences Inc ( PBIO), Escalon Medical Corporation ( ESMC), and BG Medicine Inc ( BGMD) were all decliners today within the health services industry with China Kanghui Holdings ( KH) being today's featured health services loser. China Kanghui Holdings fell 10 cents (-0.5%) to $18.95 on light volume. Throughout the day, 41,800 shares of China Kanghui Holdings exchanged hands as compared to its average daily volume of 84,500 shares. China Kanghui Holdings, through its subsidiaries, engages in the development, manufacture, and sale of implants and instruments. It offers approximately 36 product series of orthopedic implants and associated instruments for trauma, spine, cranial maxillofacial, and craniocerebral indications. China Kanghui Holdings has a market cap of $455.7 million and is part of the health care sector. Shares are up 5.2% year to date as of the close of trading on Thursday. TheStreet Ratings rates China Kanghui as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good.
Shares of China Kanghui Holdings (NYSE:KH) were gapping up Friday morning with an open price 17.6% higher than Thursday's closing price. The stock closed at $20.68 yesterday and opened today's trading at $24.32.