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REGENXBIO (RGNX) Catches Eye: Stock Jumps 7.4%

REGENXBIO Inc. RGNX was a big mover last session, as the company saw its shares rise more than 7% 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 $42–$52.32 in the past one-month time frame, witnessed a sharp increase on Friday.

The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, 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.

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

REGENXBIO Inc. Price

REGENXBIO Inc. Price

REGENXBIO Inc. price | REGENXBIO Inc. Quote

Investors interested in the Medical - Biomedical and Genetics industry may consider a better-ranked stock like Acorda Therapeutics, Inc. ACOR, 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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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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