Orexigen Therapeutics (OREX) Jumps: Stock Rises 9.3% - Tale of the Tape

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Orexigen Therapeutics, Inc. ( OREX ) was a big mover last session as its shares rose over 9% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This is in conformity with the uptrend for the medical stock since Nov 7, as it is now up roughly 32%.

In the last 30 days, Orexigen witnessed 3 positive estimate revisions, while the Zacks Consensus Estimate hasn't been in a trend. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm going ahead.

Orexigen currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

However, some better-ranked healthcare stocks include Actelion Ltd. ( ALIOF ), InSiteVision Inc. ( INSV ) and Heska Corp. ( HSKA ). All three stocks carry 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 The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: ALIOF , HSKA , INSV , OREX

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33,110,376
  • $113.99 ▲ 1.77%
25,034,179
    $17.98 unch
24,486,872
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20,864,535
  • $7.39 ▼ 2.76%
18,600,501
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17,530,211
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17,299,208
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14,669,760
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As of 12/26/2014, 04:15 PM


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