RadNet (RDNT) Surges: Stock Moves 21.8% Higher - Tale of the Tape

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RadNet, Inc. ( RDNT ) was a big mover last session, as the company saw its shares rise by almost 22% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 59% in the past one-month time frame.

This medical laboratories & research company has seen one positive estimate revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for RadNet. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

RadNet currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the medical sector include Akorn, Inc. ( AKRX ), ANI Pharmaceuticals, Inc. ( ANIP ) and Aastrom Biosciences, Inc. ( ASTM ). All these stocks carry a Zacks Rank #1 (Strong Buy).

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AKORN INC (AKRX): Free Stock Analysis Report

ANI PHARMACEUT (ANIP): Free Stock Analysis Report

AASTROM BIOSCI (ASTM): Get Free Report

RADNET INC (RDNT): Free Stock Analysis Report

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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: AKRX , ANIP , ASTM , RDNT

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As of 10/24/2014, 04:15 PM

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