Global Blood Therapeutics, Inc.GBT was a big mover last session, as its shares rose almost 17% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. Yesterday's rally breaks the recent trend for the company, as the stock is now trading above the volatile price range of $41.76 to $51.01 in the past one-month time frame.
Over the last 30 days, the company witnessed one positive estimate revision while the Zacks Consensus Estimate remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Global Blood Therapeutics currently has a Zacks Rank #3 (Hold).
A better-ranked biomedical stock is Anika Therapeutics Inc. ANIK with a Zacks Rank #1 (Strong Buy).
Is GBT going up? Or down? Predict to see what others think: Up or Down
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ANIKA THERAPEUT (ANIK): Free Stock Analysis Report
GLOBAL BLD THER (GBT): 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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