Luminex Corporation (LMNX) Jumps: Stock Adds 8.1% in Session - Tale of the Tape


Shutterstock photo

Luminex Corporation ( LMNX ) was a big mover last session, as the company saw its shares rise slightly over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $16.19 to $17.81 in the past one-month time frame.

The company has seen no estimate revisions over the past 30 days, while its Zacks Consensus Estimate has remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future to see if yesterday's jump can turn into more strength down the road.

Luminex Corporation currently sports a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the medical sector include Accuray Incorporated ( ARAY ), RTI Surgical Inc. ( RTIX ) and Bacterin International Holdings, Inc. ( BONE ). While Accuray Incorporated and RTI Surgical sport a Zacks Rank #1, Bacterin International Holdings holds a Zacks Rank #2.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

LUMINEX CORP (LMNX): Free Stock Analysis Report

ACCURAY INC (ARAY): Free Stock Analysis Report

RTI SURGICAL (RTIX): Free Stock Analysis Report

BACTERIN INTL (BONE): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Investing Ideas , Stocks
Referenced Symbols: LMNX , ARAY , RTIX , BONE


More from Zacks.com

Subscribe






Zacks.com
Contributor:

Zacks.com

Equity Research
Follow on:








Research Brokers before you trade

Want to trade FX?





Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com