Integra LifeSciences Stock Falls On Unusually High Volume (IART)

NEW YORK ( TheStreet) -- Integra LifeSciences Holdings (Nasdaq: IART) is trading at unusually high volume Wednesday with 949,194 shares changing hands. It is currently at four times its average daily volume and trading down $1.69 (-5.6%) at $28.31 as of 2:30 p.m. ET.

Integra LifeSciences has a market cap of $879.6 million and is part of the health care sector and health services industry. Shares are down 36.6% year to date as of the close of trading on Tuesday.

Integra LifeSciences Holdings Corporation develops, manufactures, and markets surgical implants and medical instruments for neurosurgery, extremity reconstruction, orthopedics, and general surgery. The company has a P/E ratio of 22.6, above the average health services industry P/E ratio of 20.3 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Integra LifeSciences 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 a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full Integra LifeSciences Ratings Report.

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