• Return to Headlines

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

By Shiri Gupta

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 -104.4%. Compugen is next with a ROE of -21.6%. Albany Molecular Research ranks third lowest with a ROE of -2.2%.

Affymetrix follows with a ROE of 3.7%, and QIAGEN rounds out the bottom five with a ROE of 4.0%.

SmarTrend recommended that subscribers consider buying shares of Affymetrix on October 28th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $9.46. Since that recommendation, shares of Affymetrix have risen 48.1%. We continue to monitor Affymetrix for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest return on equity pacific biosciences of california compugen albany molecular research Affymetrix qiagen