Zogenix, Inc. (ZGNX) Soars: Stock Adds 18.6% in Session

Zacks

Zogenix, Inc. (ZGNX) was a big mover last session, as its shares rose nearly 19% 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 for the company since Jun 13, as the stock is now up over 43%.

In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Zogenix currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Other better-ranked stocks in the med-drugs industry include Aerie Pharmaceuticals, Inc. (AERI), Ariad Pharmaceuticals Inc. (ARIA) and Aeolus Pharmaceuticals Inc. (AOLS). All three carry a Zacks Rank #2 (Buy).

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