Vertex Pharmaceuticals (VRTX): Today's Featured Drugs Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Vertex Pharmaceuticals ( VRTX) pushed the Drugs industry lower today making it today's featured Drugs laggard. The industry as a whole was unchanged today. By the end of trading, Vertex Pharmaceuticals fell $1.30 (-1.6%) to $79.02 on average volume. Throughout the day, 2,959,752 shares of Vertex Pharmaceuticals exchanged hands as compared to its average daily volume of 2,328,100 shares. The stock ranged in price between $78.37-$80.90 after having opened the day at $80.32 as compared to the previous trading day's close of $80.32. Other companies within the Drugs industry that declined today were: Dyax Corporation ( DYAX), down 34.9%, Atossa Genetics ( ATOS), down 7.9%, Amicus Therapeutics ( FOLD), down 7.9% and China Pharma ( CPHI), down 7.7%.
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Vertex Pharmaceuticals Incorporated engages in discovering, developing, manufacturing, and commercializing small molecule drugs for patients with serious diseases. Vertex Pharmaceuticals has a market cap of $17.7 billion and is part of the health care sector. Shares are up 91.7% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Vertex Pharmaceuticals as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and weak operating cash flow.

On the positive front, Bacterin International Holdings ( BONE), down 17.1%, Tesaro ( TSRO), down 13.2%, Oxygen Biotherapeutics ( OXBT), down 12.4% and Enanta Pharmaceuticals ( ENTA), down 11.3% , were all gainers within the drugs industry with Merck ( MRK) being today's featured drugs industry leader.

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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