Credit: Shutterstock photoSteris Corp. ( STE ) was a big mover last session, as the company saw its shares rise more than 8% on the day. The share price appreciation came after a federal judge declined to block the company from acquiring U.K.-based Synergy Health PLC. The news led to far more shares changing hands than in a normal session, breaking the recent trend of the company, as the stock is now trading above the volatile price range of $61.97 to $65.07 over the past one month time frame.
None of the estimates for this stock were revised in the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Steris carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.
Investors in the med/dental-supp industry may also consider CR Bard Inc. ( BCR ), also with a Zacks Rank #2.
Is STE going up? Or down? Predict to see what others think: Up or Down
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STERIS CORP (STE): Free Stock Analysis Report
BARD C R INC (BCR): 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.
