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Span-America Medical Systems has the Lowest Beta in the Health Care Supplies Industry (SPAN, QDEL, ATRI, UTMD, HAE)

By David Diaz

Below are the three companies in the Health Care Supplies industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.

Span-America Medical Systems ranks lowest with a a beta of 0.3. Quidel is next with a a beta of 0.6. Atrion ranks third lowest with a a beta of 0.7.

Utah Medical Products follows with a a beta of 0.7, and Haemonetics rounds out the bottom five with a a beta of 0.7.

SmarTrend recommended that subscribers consider buying shares of Haemonetics on June 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $29.29. Since that recommendation, shares of Haemonetics have risen 29.1%. We continue to monitor Haemonetics for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest beta span-america medical systems quidel atrion utah medical products haemonetics