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Cambrex (CBM) Shows Strength: Stock Adds 6.5% in Session

Cambrex Corporation.CBM was a big mover last session, as its shares rose over 6% on the day. The upside was driven by the company's announcement of encouraging third-quarter 2015 financial results. This also led to far more shares changing hands than in a normal session. Yesterday's rally continues the uptrend for the company since Oct 22, as the stock is now up almost 17%.

Over the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Cambrex currently has a Zacks Rank #3 (Hold).

A better-ranked biomedical stock is Actelion Ltd. ALIOF with a Zacks Rank #1 (Strong Buy).

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

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ACTELION LTD (ALIOF): Free Stock Analysis Report

CAMBREX CORP (CBM): 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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