Baxano Surgical, Inc. (BAXS) was a big mover last session, as its shares rose almost 8% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $0.96 to $1.09 in the past one-month time frame.
In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate hasn’t been in a trend either. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Baxano Surgical currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
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