3 Stocks Dragging The Health Services Industry Downward

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One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 40 points (0.2%) at 17,108 as of Wednesday, Sept. 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,478 issues advancing vs. 1,497 declining with 182 unchanged.

The Health Services industry currently sits down 0.3% versus the S&P 500, which is up 0.1%. Top gainers within the industry include Catamaran ( CTRX), up 1.8%, Laboratory Corp of America Hldgs ( LH), up 1.6%, WellPoint ( WLP), up 1.1%, Aetna ( AET), up 1.0% and UnitedHealth Group ( UNH), up 1.0%.

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 $1.02 (-2.3%) to $43.80 on average volume. Thus far, 422,939 shares of DexCom exchanged hands as compared to its average daily volume of 711,200 shares. The stock has ranged in price between $43.44-$44.65 after having opened the day at $44.62 as compared to the previous trading day's close of $44.82.

DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring systems. DexCom has a market cap of $3.3 billion and is part of the health care sector. Shares are up 26.6% year-to-date as of the close of trading on Tuesday. 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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