Momenta Pharmaceuticals Inc ( MNTA) pushed the Health Care sector higher today making it today's featured health care winner. The sector as a whole closed the day down 1%. By the end of trading, Momenta Pharmaceuticals Inc rose 37 cents (2.5%) to $15.15 on average volume. Throughout the day, 998,219 shares of Momenta Pharmaceuticals Inc exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in a price between $14.73-$15.25 after having opened the day at $14.76 as compared to the previous trading day's close of $14.78. Other companies within the Health Care sector that increased today were: Cormedix Inc ( CRMD), up 26.5%, Zoll Medical Corporation ( ZOLL), up 22.9%, ProPhase Labs Inc ( PRPH), up 20.3%, and IsoRay Inc ( ISR), up 11%. Momenta Pharmaceuticals, Inc., a biotechnology company, specializes in the characterization and process engineering of complex molecules. These complex molecules include proteins; polypeptides; and cell surface polysaccharides, such as heparan-sulfate proteoglycans (HSPGs). Momenta Pharmaceuticals Inc has a market cap of $766.1 million and is part of the drugs industry. The company has a P/E ratio of 3.4, equal to the average drugs industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 1.3% year to date as of the close of trading on Wednesday. TheStreet Ratings rates Momenta as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.
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