Zogenix (ZGNX) Worth Watching: Stock Surges 16.5% - Tale of the Tape

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Zogenix, Inc. ( ZGNX ) was a big mover last session with shares rising nearly 17% 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 24% in the past one-month time frame.

This drug manufacturer has seen one positive estimate revision in the last 30 days, and the Zacks Consensus Estimate has also moved higher over the same time frame. This implies more solid trading ahead for the company. So make sure to keep an eye on this stock going forward to see if yesterday's sharp climb can turn into more strength down the road.

Zogenix currently holds a Zacks Rank #2 (Buy) while its Earnings ESP is negative.

Other Med-Drug stocks worth considering include Sucampo Pharmaceuticals, Inc. ( SCMP ), Jazz Pharmaceuticals Public Limited Company ( JAZZ ) and Questcor Pharmaceuticals, Inc. ( QCOR ). While Sucampo sports a Zacks Rank #1 (Strong Buy), Jazz Pharmaceuticals and Questcor carry a Zacks Rank #2 (Buy).

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QUESTCOR PHARMA (QCOR): Free Stock Analysis Report

SUCAMPO PHARMAC (SCMP): Free Stock Analysis Report

ZOGENIX INC (ZGNX): 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: JAZZ , QCOR , SCMP , ZGNX

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