Cyberonics Inc. (CYBX) was a big mover last session, as the company saw its shares rise roughly 7% 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 is now up about 19% since Nov 5.
The company has seen one positive revision in the past month, while its Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Cyberonics currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Some better-ranked stocks in the medical instruments sector include Natus Medical Inc. (BABY), OxySure Systems, Inc. (OXYS) and AngioDynamics Inc. (ANGO). While Natus Medical carries a Zacks Rank #1 (Strong Buy), OxySure and AngioDynamics hold a Zacks Rank #2 (Buy).
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