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Lowest Return on Equity in the Life Sciences Tools & Services Industry Detected in Shares of Pacific Biosciences of California (PACB, AMRI, BIO, QGEN, LMNX)

By James Quinn

Below are the three companies in the Life Sciences Tools & Services industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Pacific Biosciences of California ranks lowest with a ROE of -9,402.2%. Following is Albany Molecular Research with a ROE of -1,690.5%. Bio-Rad Laboratories ranks third lowest with a ROE of 110.8%.

QIAGEN follows with a ROE of 303.0%, and Luminex rounds out the bottom five with a ROE of 357.8%.

SmarTrend recommended that subscribers consider buying shares of QIAGEN on December 9th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $28.54. Since that recommendation, shares of QIAGEN have risen 18.8%. We continue to monitor QIAGEN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest return on equity pacific biosciences of california albany molecular research bio-rad laboratories qiagen luminex