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Corcept Therapeutics (CORT) Jumps: Stock Adds 5.4% in Session - Tale of the Tape

Posted: 3/31/2014 9:39:00 AM
Referenced Stocks: CORT;CRME;IPCI;WX

Corcept Therapeutics Incorporated ( CORT ) was a big mover last session, as its shares rose over 5% 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 March 21, as the stock is now down over 1%.

In the last 60-day frame, the company witnessed four positive estimate revisions and the Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday's jump can translate into more strength down the road.

Corcept Therapeutics currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Other better-ranked stocks in the medical sector include WuXi PharmaTech (Cayman) Inc . ( WX ), IntelliPharmaCeutics International ( IPCI ) and Cardiome Pharma Corp. ( CRME ). All three carry a Zacks Rank #2 (Buy).

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