NewLink Genetics Corp. (NLNK) Jumps: Stock Adds 8.6% in Session - Tale of the Tape
NewLink Genetics Corporation ( NLNK ) was a big mover last session, as its shares rose almost 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as the stock is now trading over the volatile price range of $20.84 to $24.77 in the past one-month timeframe.
In the last 30 days, the company witnessed four positive estimate revisions and the Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if Friday's jump can turn into more strength down the road.
NewLink Genetics currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Other better-ranked stocks in the biomedical/gene industry include Actelion Ltd. ( ALIOF ), Cambrex Corporation. ( CBM ) and China Biologic Products, Inc. ( CBPO ). All three sport a Zacks Rank #1 (Strong Buy).
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