Vascular Solutions Inc. (VASC) saw a big move last session, as the company’s shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for VASC, as the stock is now down over 22% in the past one-month time frame.
This slump shouldn’t be too much of a surprise to investors, as the medical products company has seen 2 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
VASC currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the same industry include ICU Medical, Inc. (ICUI), Cardica Inc. (CRDC) and Exactech Inc. (EXAC). All these stocks hold a Zacks Rank #2 (Buy).
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VASCULAR SOLUTIONS INC (VASC): Free Stock Analysis Report
ICU MEDICAL INC (ICUI): Free Stock Analysis Report
CARDICA INC (CRDC): Free Stock Analysis Report
EXACTECH INC (EXAC): Free Stock Analysis Report
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