Weakness Seen in Unilife (UNIS): Stock Tumbles 10.9%
Unilife Corporation (UNIS) saw a big move last session, as the company’s shares fell nearly 11% 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 URS, as the stock is now down around 34.50% in the past one-month time frame.
The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
UNIS currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the health care sector include Edwards Lifesciences Corp. (EW), Venaxis, Inc. (APPY) and William Demant Holding A/S (WILYY). All these stocks carry a Zacks Rank #2 (Buy).
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UNILIFE CORP (UNIS): Free Stock Analysis Report
EDWARDS LIFESCIENCES CORP (EW): Free Stock Analysis Report
VENAXIS INC (APPY): Free Stock Analysis Report
WILLIAM DEMANT HOLDI (WILYY): Free Stock Analysis Report
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