Five Prime Therapeutics, Inc. FPRX was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $35.13-$40.91 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen two negative estimate revisions in the past two months versus one positive revision, while its Zacks Consensus Estimate for the current quarter has also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Five Prime Therapeutics currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Five Prime Therapeutics, Inc. Price and Consensus
A better ranked stock in the Medical - Biomedical and Geneticsindustryis Axovant Sciences Ltd. AXON which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
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