Markets
PEN

Accelerate Diagnostics (AXDX) Surges: Stock Moves 6% Higher

Accelerate Diagnostics, Inc.AXDX was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $19.02 -$23.40 in the past one-month time frame, witnessed a sharp increase on Friday.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Accelerate Diagnostics currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Accelerate Diagnostics, Inc. Price

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

A better-ranked stock in the Medical - Instruments industry is Penumbra, Inc. PEN , which currently 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

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Penumbra, Inc. (PEN): Free Stock Analysis Report

Accelerate Diagnostics, Inc. (AXDX): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

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.

In This Story

PEN AXDX

Other Topics

Investing Stocks