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Macrocure (MCUR) in Focus: Stock Falls 5.5% - Tale of the Tape

Macrocure Ltd. ( MCUR ) saw a big move last session, as the company's shares fell by almost 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for MCUR as the stock is now up over 22% in the past one-month time frame.

The biomedical company has seen a flat record when it comes to current year estimate revisions over the past few weeks (0 increases, 0 decreases), 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.

MCUR currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the biomedical industry may consider better-ranked stock like Palatin Technologies Inc. ( PTN ), which carries a Zacks Rank #1 (Strong Buy).

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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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