Cytokinetics ( CYTK ) as a big mover last session, as the company saw its shares surge over 17 % on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $3.66 to $4.52 in the past one-month time frame, showed a pick-up yesterday at $4.29.
Although the company has seen no estimate revisions in the past one month, its Zacks Consensus Estimate of a loss narrowed over the same period, suggesting that more solid trading could be ahead for the company. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Cytokinetics currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Other attractive players in the med-biomed industry include Heska Corporation ( HSKA ), Illumina Inc. ( ILMN ) and Cambrex Corporation. ( CBM ) all carrying a Zacks Rank #1 (Strong Buy).
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CYTOKINETCS INC (CYTK): Free Stock Analysis Report
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ILLUMINA INC (ILMN): 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.
