Strength Seen in Pain Therapeutics Inc. (PTIE) Stock Surges 24% - Tale of the Tape

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Pain Therapeutics Inc. ( PTIE ) was a big mover last session, as the company saw its shares surge over 21% on the day. This significant rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. The shares have been trading in the volatile price range of $3.92-$4.35 since Jan 24 and shot up to $4.76 on Feb 5. The stock surged on the company's improved year-over-year earnings for 2013.

In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate has remained unchanged. However, yesterday's price action is encouraging, so make sure to keep a close watch on this firm in the near future.

Pain Therapeutics currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the healthcare industry include Actelion Ltd. ( ALIOF ), Gentium S.p.A ( GENT ) with a Zacks Rank #1 (Strong Buy) and Affymetrix Inc. ( AFFX ) with a Zacks Rank #2 (Buy).

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AFFYMETRIX INC (AFFX): Free Stock Analysis Report

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PAIN THERAPEUT (PTIE): 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: AFFX , ALIOF , GENT , PTIE

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64,683,841
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As of 10/20/2014, 04:15 PM

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