Warner Chilcott Stock Gaps Up On Today's Open (WCRX)
Shares of Warner Chilcott (Nasdaq:WCRX) were gapping up Monday morning with an open price 20.1% higher than Friday's closing price. The stock closed at $18.79 yesterday and opened today's trading at $22.56.
NEW YORK ( TheStreet) -- Shares of Warner Chilcott (Nasdaq: WCRX) were gapping up Monday morning with an open price 20.1% higher than Friday's closing price. The stock closed at $18.79 Friday and opened today's trading at $22.56. The average volume for Warner Chilcott has been 2.2 million shares per day over the past 30 days. Warner Chilcott has a market cap of $4.35 billion and is part of the health care sector and drugs industry. Shares are down 2.1% year to date as of the close of trading on Friday. Warner Chilcott plc, a specialty pharmaceutical company, focuses on the development, manufacture, and promotion of branded pharmaceutical products in women's healthcare, gastroenterology, dermatology, and urology segments in North America and western Europe markets. The company has a P/E ratio of 13.3, below the average drugs industry P/E ratio of 26 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Warner Chilcott as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, increase in net income, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Warner Chilcott Ratings Report. Get more investment ideas from our investment research center.