Idenix Pharmaceuticals (IDIX) Soars: Stock Adds 18.2% in Session - Tale of the Tape


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Idenix Pharmaceuticals Inc. ( IDIX ) was a big mover last session, as the company saw its shares jump over 18% 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 for the company, as the stock is now trading above the volatile price range of $4.41 and $5.77 in the past one-month time frame.

This biopharmaceutical company has seen no estimate revision in the last one month and its Zacks Consensus Estimate remained static 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.

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

Some better-ranked stocks in the med-biomed/gene industry include Osiris Therapeutics, Inc. ( OSIR ), Protalix BioTherapeutics, Inc. ( PLX ) and Sunesis Pharmaceuticals, Inc. ( SNSS ). WhileSunesis Pharmaceuticals and Protalix BioTherapeutics hold a Zacks Rank #2 (Buy), Osiris Therapeutics carries 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 Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: IDIX , OSIR , PLX , SNSS

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