Arena Pharmaceuticals (ARNA) Worth a Look: Stock Surges 10.6% - Tale of the Tape

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Arena Pharmaceuticals ( ARNA ) was a big mover last session, as the company saw its shares jump nearly 11% on the day. This surge can be attributable to solid volume with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the volatile price range of $4.08 to $4.75 in the past one-month time frame.

In the last 30 days, the company did not witness any estimate revisions and the Zacks Consensus Estimate has hit a plateau. However, the recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.

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

Some better performing biopharmaceutical stocks include Heska Corporation ( HSKA ), Actelion Ltd. ( ALIOF ) and AMAG Pharmaceuticals, Inc. ( AMAG ). All these stocks hold 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 , Investing Ideas , Stocks

Referenced Stocks: ALIOF , AMAG , ARNA , HSKA

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33,110,376
  • $113.99 ▲ 1.77%
25,034,179
    $17.98 unch
24,486,872
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20,864,535
  • $7.39 ▼ 2.76%
18,600,501
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17,530,211
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17,299,208
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14,669,760
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As of 12/26/2014, 04:15 PM


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