Hansen Medical, Inc. (HNSN) was a big mover last session, as the company saw its shares rise over 5% 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 over 16% since May 12.
While the company has seen no positive revision in the past 30 days, its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Hansen Medical. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Hansen Medical currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
However, better-ranked stocks in the mediacal appliances and equipment industry inlcude RTI Surgical Inc. (RTIX), Accuray Incorporated (ARAY) and Natus Medical Inc. (BABY). While RTI Surgical sports a Zacks Rank #1 (Strong BUY), Accuray and Natus Medical have a Zacks Rank #2 (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 >>
HANSEN MEDICAL INC (HNSN): Free Stock Analysis Report
ACCURAY (ARAY): Free Stock Analysis Report
RTI SURGICAL INC (RTIX): Free Stock Analysis Report
NATUS MEDICAL INC (BABY): Free Stock Analysis Report
Zacks Investment Research