Amarin Corporation (AMRN) in Focus: Stock Moves Higher by 8% - Analyst Blog

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Amarin Corporation plc ( AMRN ) was a big mover last session, as the company saw its shares rise by nearly 8% on the day. The move came on solid volume, as far more shares changed hands than in a normal session. This continues the recent uptrend for the company, as the stock surged by more than 32% in the past one-month time frame.

The company has seen a positive track record when it comes to estimate revisions over the past 30 days (4 out of 5 estimates were revised higher while only one moved in the opposite direction). Besides, its earnings consensus has moved higher over the past two months, suggesting that more solid trading could be ahead for AMRN. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

AMRN currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better performing healthcare stocks include Alere Inc. ( ALR ), Affymetrix Inc. ( AFFX ) and Actelion Ltd. ( ALIOF ). These stocks carry a Zacks Rank #1 (Strong Buy).

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



This article appears in: Investing , Business , Stocks

Referenced Stocks: AFFX , ALIOF , ALR , AMRN

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