Ohr Pharmaceutical (OHRP) Looks Good: Stock Jumps 7.4% - Tale of the Tape

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Ohr Pharmaceutical, Inc. ( OHRP ) was a big mover last session, with shares rising over 7% on the day. The move came on solid volume as well, as far more shares changed hands than in a normal session. This breaks the recent trend of the stock, as it is now trading above the past one month's volatile price range of $6.61 to $7.73.

This biotechnology company did not see any estimate revision over the past few weeks. The Zacks Consensus Estimate also remained unchanged over the same period. Nonetheless, yesterday's price action is encouraging. So, make sure to keep a close watch on this stock in the near future.

Ohr Pharmaceutical currently has a Zacks Rank #3 (Hold) while its Earnings ESP stands at 0.00%.

However, some better-performing Biotechnology stocks include Sucampo Pharmaceuticals, Inc. ( SCMP ), Shire plc ( SHPG ) and Aradigm Corp. ( ARDM) . While Sucampo and Shire hold a Zacks Rank #1 (Strong Buy), Aradigm carries a Zacks Rank #2 (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 The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: ARDM , OHRP , SCMP , SHPG

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As of 8/20/2014, 11:51 AM

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