AdCare Health Systems Inc. ( ADK ) was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $3.75 to $4.10 in the past one-month time frame.
This healthcare company has seen one positive estimate revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for AdCare Health Systems. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.
AdCare Health Systems currently has a Zacks Rank #3 (Hold) while its Earnings ESP
Some better-ranked stocks in the medical sector include Akorn, Inc.
), ANI Pharmaceuticals, Inc.
) and Concord Medical Services Holdings Ltd.
). While Akorn holds a Zacks Rank #1 (Strong Buy), ANI Pharmaceuticals and Concord Medical Services Holdings carry a Zacks Rank #2 (Buy).
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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 reportADCARE HLTH SYS (ADK): Free Stock Analysis ReportAKORN INC (AKRX): Free Stock Analysis ReportANI PHARMACEUT (ANIP): Free Stock Analysis ReportCONCORD MED-ADR (CCM): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research