Lannett (ACO) Worth Watching: Stock Rises 6.1%

Zacks

Lannett Company, Inc. (LCI) was a big mover last session with its shares rising over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend of the company as the stock has gained nearly 28% since Feb 6.

This pharmaceutical company has seen four positive estimate revisions in the last 30 days. The Zacks Consensus Estimate has also moved considerably higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s price action can turn into more strength down the road.

Lannett Company currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Other top-ranked Med-Drug stocks include Endocyte, Inc. (ECYT), Ariad Pharmaceuticals Inc. (ARIA) and BioCryst Pharmaceuticals, Inc. (BCRX). While ARIA and BCRX carry a Zacks Rank #2 (Buy), ECYT sports the same Zacks Rank as Lannett.

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LANNETT COMP (LCI): Free Stock Analysis Report

ENDOCYTE INC (ECYT): Free Stock Analysis Report

ARIAD PHARMACEUTICALS INC (ARIA): Free Stock Analysis Report

BIOCRYST PHARMACEUTICALS INC (BCRX): Free Stock Analysis Report


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