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Air Methods (AIRM) Worth Watching: Stock Moves 5.1% Higher

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Air Methods Corp.AIRM was a big mover last session with its shares rising over5% on the day. The upside was owing to the company's announcement of strong year-over-year earnings and revenue growth in the third quarter of 2015.This development led to far more shares changing hands yesterday than in a normal session. The move breaks the recent trend of the company as the stock is now trading above the past month's volatile price range of $35.61to $42.10.

This provider of air medical emergency transport services and systems in the United States has seen three positive estimate revisions over the past 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if Friday's rally can turn into more strength down the road.

Air Methods currently has a Zacks Rank #3 (Hold).

Investors interested in the medical services industry may consider Cancer Genetics, Inc. CGIX which carries a Zacks Rank #1 (Strong Buy).

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

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CANCER GENETICS (CGIX): Free Stock Analysis Report

AIR METHODS CRP (AIRM): 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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