China Cord Blood Corporation (CO) Soars: Stock Up 5.7% - Tale of the Tape
China Cord Blood Corporation
) was a big mover last session, as its shares rose nearly 6% on the
day. The move came on solid volume too with far more shares
changing hands than in a normal session. This reverses the
downtrend for the company since Mar 7, as the stock is now down
In the last 30 days, the company witnessed two positive estimate revisions and the Zacks Consensus Estimate also moved higher, suggesting solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday's jump can turn into more strength down the road.
China Cord currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is positve.
Other better-ranked stocks in the medical sector include Alkermes plc ( ALKS ), Alexion Pharmaceuticals, Inc. ( ALXN ) and ANI Pharmaceuticals, Inc. ( ANIP ). All three sport a Zacks Rank #1 (Strong Buy).
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CHINA CORD BLD (CO): Free Stock Analysis Report
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