Cynosure (CYNO) in Focus: Stock Adds 17% in Session - Tale of the Tape

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Cynosure, Inc. ( CYNO ) was a big mover last session with its shares rising almost 17% 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 $18.94 to $21.27 since July 7.

This developer of esthetic treatment systems primarily for the dermatology, plastic surgery and general medical markets has seen one negative estimate revision in the last 30 days. The Zacks Consensus Estimate has also 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 yesterday's rally can last.

Cynosure currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Investors interested in the medical devices industry may consider better-ranked stocks like RTI Surgical Inc. ( RTIX ), Accuray Incorporated ( ARAY ) and Bacterin International Holdings, Inc. ( BONE ). While RTI Surgical and Accuray sport a Zacks Rank #1 (Strong Buy), Bacterin holds a Zacks Rank #2 (Buy).

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CYNOSURE INC-A (CYNO): Free Stock Analysis Report

RTI SURGICAL (RTIX): Free Stock Analysis Report

ACCURAY INC (ARAY): Free Stock Analysis Report

BACTERIN INTL (BONE): 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 Nasdaq, Inc.



This article appears in: Investing , Investing Ideas , Stocks
More Headlines for: CYNO , RTIX , ARAY , BONE


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