Cardiome Pharma (CRME) Jumps: Stock Gains 7.3% - Tale of the Tape

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Cardiome Pharma Corp. ( CRME ) was a big mover last session with its shares rising over 7% 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 of the company as the stock has gained over 19% since June 13.

This biopharmaceutical company has seen no estimate revision in the last 30 days. However, the Zacks Consensus Estimate has moved lower over the same period. This implies trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday's rally can last.

Heron Therapeutics currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.


Investors interested in the Med-Drugs industry may consider better-ranked stocks like Aeolus Pharmaceuticals Inc. ( AOLS ), Ariad Pharmaceuticals Inc. ( ARIA ) and Aerie Pharmaceuticals, Inc. ( AERI ). All the three stocks hold a Zacks Rank #2 (Buy).

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CARDIOME PHARMA (CRME): Free Stock Analysis Report

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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: CRME , AOLS , AERI , ARIA

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As of 7/31/2015, 04:15 PM

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