Cigna Corp (CI): Today's Featured Health Services Loser

Cigna ( CI) pushed the Health Services industry lower today making it today's featured Health Services loser. The industry as a whole closed the day down 0.4%. By the end of trading, Cigna fell 64 cents (-1.4%) to $46.23 on average volume. Throughout the day, 4.9 million shares of Cigna exchanged hands as compared to its average daily volume of 3.5 million shares. The stock ranged in price between $45.72-$46.63 after having opened the day at $46.41 as compared to the previous trading day's close of $46.87. Other company's within the Health Services industry that declined today were: Hologic ( HOLX), down 9.9%, Five Star Quality Care Incorporated ( FVE), down 9%, Humana ( HUM), down 8.1%, and Metropolitan Health Networks ( MDF), down 7%.

CIGNA Corporation, a health services organization, through its subsidiaries, provides insurance and related products and services in the United States and internationally. Cigna has a market cap of $13.67 billion and is part of the health care sector. Currently there are 10 analysts that rate Cigna a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Cigna as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Conceptus ( CPTS), up 23.6%, American Caresource Holdings ( ANCI), up 8.5%, CAS Medical Systems ( CASM), up 8.2%, and D Medical Industries ( DMED), up 8%, were all gainers within the health services industry with Thermo Fisher Scientific ( TMO) being today's featured health services industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health services industry could consider Health Care Select Sector SPDR ( XLV) while those bearish on the health services industry could consider ProShares Ultra Short Health Care ( RXD).
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