Trevena, Inc.TRVN was a big mover last session, as the company saw its shares nearly 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company for the company-as the stock is now up 19.19% in the past one-month time frame.
The company has seen two positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Trevena. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Trevena currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Another player in the Medical sector is Exelixis, Inc. (EXEL), which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
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