Receptos, Inc. ( RCPT ) was a big mover last session, as the company saw its shares surge a whopping 37% on the day. This tremendous rally can be attributable to solid volume too with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the volatile price range of $24.99 to $30.43 in the past one-month time frame.
The company has seen 2 negative revisions in the past 1 month, while its Zacks Consensus Estimate of a loss widened over the same period, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Receptos currently has a Zacks Rank #4 (Sell) while its Earnings ESP
Other attractive players in the healthcare industry include Illumina Inc.
) and Gilead Sciences Inc.
), carrying a Zacks Rank #1 (Strong Buy) and Ariad Pharmaceuticals Inc.
) with a Zacks Rank #2 (Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportRECEPTOS INC (RCPT): Free Stock Analysis ReportILLUMINA INC (ILMN): Free Stock Analysis ReportGILEAD SCIENCES (GILD): Free Stock Analysis ReportARIAD PHARMA (ARIA): Free Stock Analysis ReportTo read this article on Zacks.com click here.