The health care sector closed the day down 1.9%. IVAX Diagnostics Inc ( IVD), Pressure BioSciences Inc ( PBIO), Providence Service Corporation ( PRSC), and Neoprobe Corporation ( NEOP) were all decliners today within the health care sector with Life Technologies ( LIFE) being today's featured health care loser. Life Technologies fell 78 cents (-2.1%) to $37.03 on light volume. Throughout the day, 1.9 million shares of Life Technologies exchanged hands as compared to its average daily volume of three million shares. Life Technologies Corporation operates as a life sciences company with a focus on improving the human condition worldwide. Life Technologies has a market cap of $6.7 billion and is part of the health services industry. The company has a P/E ratio of 19.1, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 31.9% year to date as of the close of trading on Friday. TheStreet Ratings rates Life as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself.
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