Accuray (ARAY) in Focus: Stock Surges 12.9%

Zacks

Accuray Inc. (ARAY) was a big mover last session, as the company saw its shares rise by almost 13% 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 as the stock gained over 14% in the past five days.

This medical device company has seen no estimate revisions over the past one month and the Zacks Consensus Estimate has remained unchanged over the same timeframe. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Accuray Inc. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better performing medical device stocks include Cryolife (CRY), Crynosure (CYNO) and Natus Medical (BABY). All these stocks hold a Zacks Rank #1 (Strong Buy).

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