China Cord Blood Corporation ( CO ) was a big mover last session with its shares rising over 5% on the day. The move came on solid volume too with far more shares of changing hands than in a normal session. This reverses the recent downtrend of the company as the stock has lost nearly 16% since June 23.
This provider of umbilical cord blood storage and ancillary services has seen 2 negative estimate revisions in the last 30 days. The Zacks Consensus Estimate has also moved lower over the same period. This implies trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's rally can last.
China Cord Blood currently holds a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Investors interested in the home health care industry may also consider stocks like AmSurg Corp. ( AMSG ), Amedisys Inc. ( AMED ) and RadNet, Inc. ( RDNT ). All the three stocks bear a Zacks Rank #2 (Buy).
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