As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Luminex will likely underperform.
Timothy Dehne Vice President - Systems Research and Development
Luminex Price and Market Media
The median price of Luminex for the period between Thu, Apr 25, 2013 and Sat, May 25, 2013 is 17.96 with a coefficient of variation of 5.71. The daily time series for the period is distributed with a sample standard deviation of 1.01, arithmetic mean of 17.67, and mean deviation of 0.89. The Stock received substential amount of media coverage during this period.
Luminex Corporation [LMNX] is traded on NASDAQ in USA. It is located in Austin, TX and employs 687 people. The company currently falls under 'Small-Cap' category with current market capitalization of 765.62 M. Luminex Corporation conducts business under Healthcare sector and is part of Medical Instruments and Supplies industry. This company has 41.59 M outstanding shares of which 2.14 M shares are now shorted by private and institutional investors with about 17.9 trading days to cover.
Luminex Corporationration engages in the development, manufacture, and sale of proprietary biological testing technologies and solutions for the life sciences and diagnostic industries. more
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