Medivation, Inc. ( MDVN ) was a big mover last session, as the company saw its shares rise nearly 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 above the past one month's volatile price range of $55.08 to $63.49.
This biopharmaceutical company has seen two negative estimate revisions in the last 30 days. However, the Zacks Consensus Estimate has remained unchanged over the same time frame. Friday's rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
Medivation currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Some better-ranked Bio-medical stocks worth considering are Gilead Sciences Inc. ( GILD ), Myriad Genetics Inc. ( MYGN ) and Illumina Inc. ( ILMN ). All three stocks hold a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report