четверг, 6 октября 2011 г.

Star Scientific Inc. (CIGX): Today's Featured Tobacco Loser

The tobacco industry closed the day up 0.8%. Alliance One International Inc (AOI) were all decliners today within the tobacco industry with Star Scientific Inc (CIGX) being today's featured tobacco loser. Star Scientific Inc fell 24 cents (-10.3%) to $2.57 on average volume. Throughout the day, 2.3 million shares of Star Scientific Inc exchanged hands as compared to its average daily volume of 2.5 million shares.

Star Scientific, Inc., together with its subsidiaries, engages in the development, implementation, and licensing of tobacco curing technology that prevents the formation of carcinogenic toxins present in tobacco and cigarette smoke, primarily the tobacco-specific nitrosamines (TSNA). Star Scientific Inc has a market cap of $272.8 million and is part of the consumer goods sector. Shares are up 19.5% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Star Scientific as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and feeble growth in its earnings per share.

You can view the full Star Scientific Ratings Report.
On the positive front, were all gainers within the tobacco industry with Philip Morris International Inc (PM) being today's featured tobacco industry winner.

Use our tobacco section to find industry-relevant news.
Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the tobacco industry could consider PowerShares Dynamic Food & Beverage (PBJ) while those bearish on the tobacco industry could consider PowerShares DB Agriculture Sht ETN (ADZ).

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