DexCom, Inc.DXCM saw a big move last session, as the company's shares fell by over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for DXCM, as the stock is now down nearly 27% in the past one-month time frame.
The company has seen a mixed track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
DXCM currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Investors interested in the Medical Instruments industry may consider better-ranked stock like Masimo MASI , which carries a Zacks Rank #1 (Strong Buy).
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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