QLT Inc. (QLTI) Catches Eye: Stock Up 8.33%

Zacks Equity Research


QLT Inc. (QLTI) was a big mover last session, as the company saw its shares rise over 8% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company as the stock is now down about 9.66% in the past one-month time frame.

The company has seen 1 downward estimate revision in the past 30 days, while its Zacks Consensus Estimate of a loss widened over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

QLT currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Other attractive players in the healthcare industry include Myriad Genetics Inc. (MYGN) and ANI Pharmaceuticals, Inc. (ANIP), carrying a Zacks Rank #1 (Strong Buy) and Ariad Pharmaceuticals Inc. (ARIA) with 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 >>





MKT NEUTRAL QUALITY (QLT): Free Stock Analysis Report

ARIAD PHARMACEUTICALS INC (ARIA): Free Stock Analysis Report

ANI PHARMACEUTICALS INC (ANIP): Free Stock Analysis Report

MYRIAD GENETICS INC (MYGN): Free Stock Analysis Report


Zacks Investment Research