Unilife Corporation ( UNIS ) was a big mover last session, as the company saw its shares rise by nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.58 to $4.05 in the past one-month time frame.
This medical products company has seen 3 negative revisions in the past one month. Also, the Zacks Consensus Estimate of a loss widened in the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if Wednesday's move higher can last.
Unilife currently has a Zacks Rank #3 (Hold) while its Earnings ESP
Some better-ranked stocks in the med products industry include Hill-Rom Holdings, Inc.
), NuVasive, Inc.
) and Exactech Inc.
). While Hill-Rom Holdings and NuVasive hold a Zacks Rank #1 (Strong Buy), Exactech carries a Zacks Rank #2 (Buy).
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. Click to get this free report >>EXACTECH INC (EXAC): Free Stock Analysis ReportHILL-ROM HLDGS (HRC): Free Stock Analysis ReportNUVASIVE INC (NUVA): Free Stock Analysis ReportUNILIFE CORP (UNIS): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research