Cempra (CEMP) Jumps: Stock Up 8.9% in Session

Zacks Equity Research

Mon, Sep 29, 2014, 6:40 AM

Cempra, Inc. (CEMP) was a big mover last session, as the company shares rose almost 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as the stock is now trading above the volatile price range of $9.71 to $10.58 in the past one-month time frame.

In the last 30 days, the company has not witnessed any estimate revision and its Zacks Consensus Estimate also remained unchanged. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Other well-performing stocks in the med-drugs industry include Endo International plc (ENDP), Hyperion Therapeutics, Inc. (HPTX) and Lannett Company, Inc. (LCI). All three sport a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

CEMPRA INC (CEMP): Free Stock Analysis Report

LANNETT COMP (LCI): Free Stock Analysis Report

HYPERION THERAPEUTICS INC (HPTX): Free Stock Analysis Report

ENDO INTERNATIONAL PLC ORD (ENDP): Free Stock Analysis Report

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Cempra (CEMP) Jumps: Stock Up 8.9% in Session

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