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Athersys (ATHX) Catches Eye: Stock Jumps 5.5% - Tale of the Tape

Posted
11/26/2013 9:07:00 AM
By: Zacks.com
Referenced Stocks:ALIOF;ATHX;CYTX;HSKA

Athersys, Inc. ( ATHX ) was a big mover last session, as the company saw its shares rise by almost 6% 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 of the company as the stock has now gained almost 35% since Nov 12.

This biotechnology company has seen a mixed track record when it comes to estimate revisions of one increase and one decrease over the past 7 days and the Zacks Consensus Estimate has moved higher over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Some better-ranked stocks in the same sector include Heska Corporation ( HSKA ), Actelion Ltd. ( ALIOF ) and Cytori Therapeutics, Inc. ( CYTX ). While Heska Corporation and Actelion hold a Zacks Rank #1 (Strong Buy), Cytori Therapeutics carries a Zacks Rank #2 (Buy).

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