Oncolytics Biotech Inc.
) was a big mover last session, as the company saw its shares rise
over 5% 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 $1.64 to $1.76 since March 6.
The company has seen two positive revisions in the past 30 days
while its Zacks Consensus Estimate moved higher over the same time
frame, suggesting that more solid trading could be ahead for
Oncolytics Biotech. So make sure to keep an eye on this stock going
forward to see if yesterday's jump can turn into more strength down
Oncolytics Biotech currently has a Zacks Rank #3 (Hold) while its
However, some better-ranked medical stocks include
Alexion Pharmaceuticals, Inc.
ANI Pharmaceuticals, Inc.
). All of these sport a Zacks Rank #1 (Strong Buy).
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ONCOLYTICS BIO (ONCY): Free Stock Analysis
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