Kindred Healthcare Inc. ( KND ) saw a big move last session, as the company's shares fell by over 8% 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 KND, as the stock is now down 10.7% since July 22.
The post-acute care services provider 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 of this firm in the near future, and especially on earnings estimates following the recent slump.
KND currently has a Zacks Rank #4 (Sell).
Some better-ranked stocks in the broader Medical sector include Accuray Incorporated ( ARAY ), Actelion Ltd. ( ALIOF ) and RTI Surgical Inc. ( RTIX ). All these stocks hold a Zacks Rank #1 (Strong Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportKINDRED HLTHCR (KND): Free Stock Analysis ReportACTELION LTD (ALIOF): Get Free ReportACCURAY INC (ARAY): Free Stock Analysis ReportRTI INTL METALS (RTI): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research