DXCM, HOLX And CYH, Pushing Health Services Industry Downward

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Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 68 points (0.4%) at 17,048 as of Thursday, Aug. 21, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,747 issues advancing vs. 1,215 declining with 171 unchanged.

The Health Services industry currently sits down 0.2% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the industry include Cyberonics ( CYBX), down 6.5%, and ResMed ( RMD), down 0.7%. Top gainers within the industry include Smith & Nephew ( SNN), up 1.2%, Grifols ( GRFS), up 0.9%, Fresenius Medical Care AG & Co. KGaA ( FMS), up 0.7% and WellPoint ( WLP), up 0.6%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. DexCom ( DXCM) is one of the companies pushing the Health Services industry lower today. As of noon trading, DexCom is down $0.85 (-1.9%) to $43.29 on average volume. Thus far, 327,088 shares of DexCom exchanged hands as compared to its average daily volume of 732,300 shares. The stock has ranged in price between $42.98-$44.23 after having opened the day at $44.20 as compared to the previous trading day's close of $44.14.

DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring systems. DexCom has a market cap of $3.4 billion and is part of the health care sector. Shares are up 24.6% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts that rate DexCom a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates DexCom as a sell. The area that we feel has been the company's primary weakness has been its disappointing return on equity. Get the full DexCom Ratings Report now.

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