Cutera, Inc. (CUTR) Catches Eye: Stock Jumps 10%


Cutera, Inc. (CUTR) was a big mover last session, as the company saw its shares rise by nearly 10% 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 of the company, as the stock has traded in a volatile price range of $8.55 and $9.64 in the past one-month time frame with a sharp pick-up at $9.50 yesterday.

The company has seen no estimate revisions, signifying neither an increase nor a decrease over the past one month, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Some better ranked medical instruments stocks include Natus Medical Inc. (BABY), CryoLife Inc. (CRY) and Globus Medical, Inc. (GMED). While Natus Medical and CryoLife hold a Zacks Rank #1 (Strong Buy), Globus Medical carries a Zacks Rank #2 (Buy).

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