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Strength Seen in Cerus (CERS): Stock Gains 5.5% - Tale of the Tape

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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CERUS CORP (CERS): Free Stock Analysis Report

GW PHARMA-ADR (GWPH): Free Stock Analysis Report

ORASURE TECH (OSUR): Free Stock Analysis Report

ABAXIS INC (ABAX): 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.

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