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Accelerate Diagnostics (AXDX) In Focus: Stock Rises 5.1%

Accelerate Diagnostics, Inc.AXDX was a big mover last session, as the company saw its shares rise more than 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 recent trend for the company-as the stock is now down 19.5% in the past one-month time frame.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

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

Accelerate Diagnostics, Inc. Price and Consensus

Accelerate Diagnostics, Inc. Price and Consensus | Accelerate Diagnostics, Inc. Quote

A better-ranked stock in the Medical - Instruments industry is Edwards Lifesciences Corporation EW which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .

Is AXDX going up? Or down? Predict to see what others think: Up or Down

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Accelerate Diagnostics, Inc. (AXDX): 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 Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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