ArQule Inc. ( ARQL ) was a big mover last session as the company saw its shares rise over 8% on the day. This rally higher can be attributable to solid volume too with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $1.34 to $1.62 in the past one-month time frame, showed a pick-up yesterday at $1.45.
The company has seen 1 downward estimate revision in the past month, while its Zacks Consensus Estimate of a loss widened over the same timeframe, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
ArQule Inc. (ARQL) currently has a Zacks Rank #3 (Hold) while its Earnings ESP
Other attractive players in the healthcare industry include Myriad Genetics Inc.
) and ANI Pharmaceuticals, Inc.
), carrying a Zacks Rank #1 (Strong Buy) and Ariad Pharmaceuticals Inc.
) with 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 reportANI PHARMACEUT (ANIP): Free Stock Analysis ReportARIAD PHARMA (ARIA): Free Stock Analysis ReportARQULE INC (ARQL): Free Stock Analysis ReportMYRIAD GENETICS (MYGN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research