Athersys (ATHX) in Focus: Stock Moves 6.3% Higher - Tale of the Tape

By Zacks Equity Research,

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Athersys, Inc. ( ATHX ) was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up nearly 49% in the past one-month time frame.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Athersys currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Some other stocks worth considering in the BioTech sector include Gentium S.p.A ( GENT ), Achillion Pharmaceuticals, Inc. ( ACHN ) and Alimera Sciences, Inc. ( ALIM ). While Gentium holds a Zacks Rank #1 (Strong Buy), Achillion and Alimera carry the same Zacks Rank as Athersys.

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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 Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: ACHN , ALIM , ATHX , GENT

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