Pharmacyclics Incorporated (PCYC): Today's Featured Drugs Winner

Pharmacyclics Incorporated ( PCYC) pushed the Drugs industry higher today making it today's featured drugs winner. The industry as a whole closed the day up 0.4%. By the end of trading, Pharmacyclics Incorporated rose $1.14 (2%) to $57.75 on light volume. Throughout the day, 531,937 shares of Pharmacyclics Incorporated exchanged hands as compared to its average daily volume of 1.3 million shares. The stock ranged in a price between $55.61-$57.95 after having opened the day at $56.61 as compared to the previous trading day's close of $56.61. Other companies within the Drugs industry that increased today were: Alexza Pharmaceuticals ( ALXA), up 38.9%, Peregrine Pharmaceuticals ( PPHM), up 24.9%, Savient Pharmaceuticals ( SVNT), up 19.3%, and Tengion ( TNGN), up 14%.

Pharmacyclics, Inc. operates as a clinical-stage biopharmaceutical company focusing on discovering, developing, and commercializing small-molecule drugs for the treatment of cancer and immune mediated diseases. Pharmacyclics Incorporated has a market cap of $3.89 billion and is part of the health care sector. The company has a P/E ratio of 259.8, below the average drugs industry P/E ratio of 281.9 and above the S&P 500 P/E ratio of 17.7. Shares are up 280.4% year to date as of the close of trading on Friday. Currently there are seven analysts that rate Pharmacyclics Incorporated a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Pharmacyclics Incorporated as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, premium valuation and weak operating cash flow.

On the negative front, SciClone Pharmaceuticals ( SCLN), down 16.3%, Arrowhead Research Corporation ( ARWR), down 14.2%, Bioline Rx Ltd. ADR ( BLRX), down 12.4%, and Senesco Technologies ( SNT), down 11.5%, were all laggards within the drugs industry with Illumina ( ILMN) being today's drugs industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the drugs industry could consider SPDR S&P Pharmaceuticals ETF ( XPH) while those bearish on the drugs industry could consider ProShares UltraShort Nasdaq Biotech ( BIS).

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