Gilead Sciences (GILD) Falls: Stock Goes Down 7.3% - Tale of the Tape

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Gilead Sciences Inc. ( GILD ) saw a big move last session, as the company's shares fell by over 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for GILD, as the stock is now down almost 18% in the past one-month time frame.

This biopharmaceutical company has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

Gilead Sciences currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.0%.

Some better-ranked stocks in the same sector include Alexion Pharmaceuticals, Inc. ( ALXN ), Myriad Genetics Inc. ( MYGN ) and ANI Pharmaceuticals, Inc. ( ANIP ). ANI pharma and Myriad Genetics carry a Zacks Rank #1 (Strong Buy) while Alexion carries Zacks Rank #2 (Buy).

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ALKERMES INC (ALKS): Free Stock Analysis Report

ANI PHARMACEUT (ANIP): Free Stock Analysis Report

GILEAD SCIENCES (GILD): 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: ALKS , ANIP , GILD , MYGN

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As of 11/28/2014, 01:06 PM

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