Allergan ( AGN) pushed the Health Care sector higher today making it today's featured health care winner. The sector as a whole closed the day up 0.6%. By the end of trading, Allergan rose $2.07 (2.4%) to $89.32 on average volume. Throughout the day, 3,133,067 shares of Allergan exchanged hands as compared to its average daily volume of 2,963,800 shares. The stock ranged in a price between $87.75-$89.42 after having opened the day at $87.90 as compared to the previous trading day's close of $87.25. Other companies within the Health Care sector that increased today were: USMD Holdings ( USMD), up 26.1%, Inovio Pharmaceuticals ( INO), up 24.6%, American Shared Hospital Services ( AMS), up 20.1% and China Pharma ( CPHI), up 14.9%.
Allergan, Inc. operates as a multi-specialty healthcare company primarily in the United States, Europe, Latin America, and the Asia Pacific. Allergan has a market cap of $25.4 billion and is part of the drugs industry. Shares are down 6.6% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Allergan a buy, no analysts rate it a sell, and 12 rate it a hold. TheStreet Ratings rates Allergan 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, growth in earnings per share, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.