AMAG Pharmaceuticals (AMAG) in Focus: Stock Rises 5.8% - Tale of the Tape
AMAG Pharmaceuticals (AMAG) was a big mover last session, as the company saw its shares rise nearly 6% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the volatile price range of $42.06 to $46.00 in the past one-month time frame.
The company has seen three positive estimate revisions in the past one month, while its Zacks Consensus Estimate moved higher over the same period, suggesting that more solid trading could be ahead for the company. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
AMAG Pharmaceuticals currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
A better ranked stock in the same industry includes Alexion Pharmaceuticals, Inc. (ALXN) carrying a Zacks Rank #1 (Strong Buy).
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AMAG PHARMA INC (AMAG): Free Stock Analysis Report
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