Filed Under: ,
Tickers in this Article: SNTS, MDCO, REGN, ISRG, MRK, SIRO, PCYC
The Nasdaq is down 0.4%, the S&P 500 remains relatively unchanged and the Dow has decreased 0.1% after the morning's trading. The healthcare sector is the category of stocks relating to medical and healthcare goods or services. This sector includes hospital management firms, health maintenance organizations (HMOs), biotechnology and a variety of medical products. Stocks in the healthcare sector are often considered to be defensive because the products and services are essential. Even during economic downturns, people will still require medical aid and medicine to overcome illness. Having a consistent demand for goods and services makes this sector less sensitive to business cycle fluctuations.

The Healthcare sector (XLV) has fallen 0.2% despite little change in the market overall. The biggest movers in the sector so far are:
CompanyMarket CapPercentage Change
Santarus (Nasdaq:SNTS)$673.4 million+8.9%
Medicines (Nasdaq:MDCO)$1.2 billion+7.4%
Regeneron Pharmaceuticals (Nasdaq:REGN)$16.96 billion-3.2%
Intuitive Surgical (Nasdaq:ISRG)$20.5 billion-2.8%
Merck (NYSE:MRK)$132.73 billion-2.4%
Sirona Dental Systems (Nasdaq:SIRO)$3.45 billion+2%
Pharmacyclics (Nasdaq:PCYC)$4.31 billion-1.8%
Broker Summary: Fidelity Online Brokerage

Santarus (Nasdaq:SNTS) is up 8.9% to reach a current price of $11.61 per share. The company's volume is currently one million shares for the day, whereas yesterday, volume was only 589,489 shares.

Medicines (Nasdaq:MDCO) is at $23.94 per share after an increase of 7.4%. The company's volume for the day so far is 1.1 million shares. This is 2.4 times its current daily average.

Falling 3.2%, Regeneron Pharmaceuticals (Nasdaq:REGN) is currently at a share price of $169.99. So far today, the company's volume is 350,849 shares, consistent with its current three-month average.

At $500.97, Intuitive Surgical (Nasdaq:ISRG) has slipped 2.8%. This morning, the company is trading a volume of 675,674 shares.

Merck (NYSE:MRK) is trading at $42.60 per share, down 2.4%. This morning, 13.5 million shares have been traded, more than yesterday's 11.7 million shares.

Sirona Dental Systems (Nasdaq:SIRO) has risen 2% to hit a current price of $64 per share. So far today, the company's volume is 183,704 shares. This is 0.7 times the current daily average.

Slipping 1.8%, Pharmacyclics (Nasdaq:PCYC) is currently trading at $60.90 per share. At 163,256 shares, the company's volume so far today is 0.2 times its average over the past three months.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Daily stock performance should be weighed against historical performance and put in context of the market overall. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

comments powered by Disqus

Trading Center