Thoratec Corporation ( THOR) pushed the Health Services industry lower today making it today's featured Health Services loser. The industry as a whole closed the day up 1.1%. By the end of trading, Thoratec Corporation fell $1.02 (-3.4%) to $29.44 on heavy volume. Throughout the day, two million shares of Thoratec Corporation exchanged hands as compared to its average daily volume of 770,800 shares. The stock ranged in price between $29.05-$30.90 after having opened the day at $30.88 as compared to the previous trading day's close of $30.46. Other company's within the Health Services industry that declined today were: Hansen Medical Inc ( HNSN), down 27.1%, DexCom Inc ( DXCM), down 19.7%, NxStage Medical Incorporated ( NXTM), down 11.8%, and Symmetry Medical Inc ( SMA), down 8.3%. Thoratec Corporation develops, manufactures, and markets proprietary medical devices used for circulatory support. Thoratec Corporation has a market cap of $2.1 billion and is part of the health care sector. The company has a P/E ratio of 28.6, below the average health services industry P/E ratio of 33.5 and above the S&P 500 P/E ratio of 17.7. Shares are up 7.6% year to date as of the close of trading on Wednesday.
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