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Theravance (THRX) Shows Strength: Stock Moves 5.4% Higher

Theravance Inc. ( THRX ) was a big mover last session with its shares rising over 5% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the recent downtrend of the company, as the stock has lost nearly 51% in the past one-month time frame.

This biotechnology company has seen one positive estimate revision in the last 30 days. The Zacks Consensus Estimate has, however, remained unchanged over the same time frame. Yesterday's rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Investors interested in the biomedical industry may, however, consider Affymetrix Inc. ( AFFX ) that carries a Zacks Rank #1 (Strong Buy).

Is THRX going up? Or down? Predict to see what others think: Up or Down

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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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