Will Receptos (RCPT) Continue to Surge Higher? - Tale of the Tape
As of late, it has definitely been a great time to be an
Receptos Inc (
. The stock has moved higher by 56.3% in the past month, while it
is also above its 20 Day SMA too. This combination of strong
price performance and favorable technical, could suggest that the
stock may be on the right path.
We certainly think that this might be the case, particularly if you consider RCPT's recent earnings estimate revision activity. From this look, the company's future is quite favorable; as RCPT has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isn't the top for the in-focus company.
RECEPTOS INC (RCPT): Free Stock Analysis Report
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