CONMED Corporation (CNMD) Jumps: Stock Rises 7.6% - Tale of the Tape

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CONMED Corporation ( CNMD ) was a big mover last session, as the company saw its shares rise by over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $42.23 to $45.95 in the past one-month time frame.

This medical appliances & equipment company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Some better-ranked stocks in the same sector include AmerisourceBergen Corporation ( ABC ), Cardinal Health, Inc. ( CAH ) and Luxottica Group SpA ( LUX ). All these stocks carry a Zacks Rank #2 (Buy).

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AMERISOURCEBRGN (ABC): Free Stock Analysis Report

CARDINAL HEALTH (CAH): Free Stock Analysis Report

CONMED CORP (CNMD): Free Stock Analysis Report

LUXOTTICA ADR (LUX): 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: ABC , CAH , CNMD , LUX

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Referenced

Most Active by Volume

64,589,368
  • $16.72 ▲ 1.03%
45,774,432
  • $6.81 ▲ 8.27%
35,283,927
  • $33.27 ▼ 1.87%
34,510,278
  • $15.26 ▼ 0.65%
32,953,611
  • $129.96 ▼ 0.44%
30,825,637
  • $8.92 ▲ 6.57%
29,143,682
  • $5.16 ▲ 1.57%
21,610,030
  • $11.05 ▲ 3.37%
As of 6/2/2015, 04:15 PM


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