Impax Laboratories Inc.IPXL was a big mover last session, as the company saw its shares rise over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 14% in the last one month.
The company has seen 2 negative and 2 positive estimate revisions in the past 7 days, while the Zacks Consensus Estimate has 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 Friday's move higher can last.
Impax Laboratories currently has a Zacks Rank #3 (Hold).
A better-ranked stock in the same space is Mylan N.V. MYL , holding a Zacks Rank #2 (Buy).
Is IPXL going up? Or down? Predict to see what others think: Up or Down
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IMPAX LABORATRS (IPXL): 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.
