Cadence Pharmaceuticals Inc. (CADX) Jumps: Stock Rises 6.2% - Tale of the Tape

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Cadence Pharmaceuticals Inc. ( CADX ) was a big mover last session, as the company saw its shares rise 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 over 103% in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions, of 2 increases and 2 decreases over the past one month, while the Zacks Consensus Estimate has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Some better-ranked medical-drugs stocks include BioSpecifics Technologies Corp. ( BSTC ), Jazz Pharmaceuticals Public Limited Company ( JAZZ ) and Lannett Company, Inc. ( LCI ), all of which 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: BSTC , CADX , JAZZ , LCI

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