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Acasti Pharma (ACST) Jumps: Stock Moves 7.3% Higher

Zacks Equity Research

Acasti Pharma Inc. (ACST) was a big mover last session with its shares rising over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend of the company as the stock has lost nearly 4% in the past one-month time frame.

This biopharmaceutical company has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Investors interested in the biomedical industry may consider better-ranked stocks like Mallinckrodt plc (MNK), Akorn, Inc. (AKRX) and Dr. Reddy's Laboratories Ltd. (RDY). While  Mallinckrodt sport a Zacks Rank #1 (Strong Buy), Akorn and Dr. Reddy’s bear a Zacks Rank #2 (Buy).

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ACASTI PHARMA CL A (ACST): Free Stock Analysis Report

MALLINCKRODT PUBLIC LTD CO (MNK): Free Stock Analysis Report

AKORN INC (AKRX): Free Stock Analysis Report

DR REDDY'S LAB LTD ADR (RDY): Free Stock Analysis Report

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