OvaScience (OVAS) in Focus: Stock Tumbles 7.5% - Tale of the Tape

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OvaScience, Inc. ( OVAS ) saw a big move last session, as the company's shares fell about 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 OVAS, as the stock is now down over 12% since Jan 13.

The life sciences company has seen 1 downward revision over the past few weeks when it comes to current year estimates, but the consensus for earnings hasn't been in a trend. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.   

OVAS currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same sector include Actelion Ltd. ( ALIOF ), Sunesis Pharmaceuticals, Inc. ( SNSS ) and Ligand Pharmaceuticals Incorporated ( LGND ). While Actelion carries a Zacks Rank #1 (Strong Buy), Sunesis Pharmaceuticals and and Ligand Pharmaceuticals hold 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: ALIOF , LGND , OVAS , SNSS

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As of 4/17/2015, 04:15 PM


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