Cerus Corporation ( CERS ) was a big mover last session with its shares rising nearly 6% 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 of the company as the stock is now trading above the volatile price range of $3.92 to $4.32 in the past one-month time frame.
This biomedical products company has seen no estimate revision in the last 7 days. The Zacks Consensus Estimate hasn't been in trend either. Yesterday's rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
Cerus currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Better-ranked stocks worth considering in the medical products industry are GW Pharmaceuticals plc ( GWPH ), OraSure Technologies, Inc. ( OSUR ) and Abaxis, Inc. ( ABAX ). While GW Pharmaceuticals and OraSure sport a Zacks Rank #1 (Strong Buy), Abaxis carries a Zacks Rank #2 (Buy).
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