Ambit Biosciences (AMBI) in Focus: Stock Jumps 10.0% - Tale of the Tape

By
A A A

Ambit Biosciences Corporation ( AMBI ) was a big mover last session, as the company saw its shares rise just over 10% 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 for the company, as the stock is now trading above the past one month's volatile price range of $5.94 to $6.96.

This biopharmaceutical company has seen no estimate revision in the last 7 days. The Zacks Consensus Estimate has also remained unchanged over the same time frame. Friday's rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

Ambit Biosciences currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.


Some better-ranked Biomedical stocks worth considering are Gilead Sciences Inc. ( GILD ), Myriad Genetics Inc. ( MYGN ) and Illumina Inc. ( ILMN ). All three stocks hold a Zacks Rank #1 (Strong Buy).

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

AMBIT BIOSCIENC (AMBI): Free Stock Analysis Report

GILEAD SCIENCES (GILD): Free Stock Analysis Report

ILLUMINA INC (ILMN): Free Stock Analysis Report

MYRIAD GENETICS (MYGN): 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 The NASDAQ OMX Group, Inc.




This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: AMBI , GILD , ILMN , MYGN

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

94,621,439
  • $16.89 ▼ 2.99%
48,243,500
  • $18.73 ▼ 4.73%
47,719,606
  • $106.69 ▼ 2.36%
47,607,577
  • $124.53 ▼ 1.75%
37,299,709
  • $40.47 ▼ 16.73%
37,281,031
  • $15.02 ▼ 2.47%
36,098,695
  • $9.03 ▼ 4.04%
35,214,553
  • $85.80 ▼ 2.51%
As of 6/29/2015, 04:15 PM

Find a Credit Card

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