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Penwest Pharmaceuticals is Among the Companies in the Pharmaceuticals Industry With the Highest Beta (PPCO, NBS, SCMP, CPD, DRRX)

Written on Fri, 07/23/2010 - 6:40am
By Chip Brian

Below are the top five companies in the Pharmaceuticals industry as measured by beta. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.
Penwest Pharmaceuticals (NASDAQ:PPCO) ranks first with a beta of 2.1; Neostem (AMEX:NBS) ranks second with a beta of 1.7; and Sucampo Pharmaceuticals (NASDAQ:SCMP) ranks third with a beta of 1.5.
Caraco Pharmaceutical Laboratories (AMEX:CPD) follows with a beta of 1.5 and Durect (NASDAQ:DRRX) rounds out the top five with a beta of 1.4.
SmarTrend is bearish on shares of NBS and our subscribers were alerted to Sell on June 04, 2010 at $2.31. The stock has fallen 22.1% since the alert was issued.

Keywords: penwest pharmaceuticals highest beta

Ticker(s): PPCO SCMP DRRX CPD

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