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Athersys (ATHX) Jumps: Stock Rises by 9.2%

Zacks Equity Research

Athersys, Inc. (ATHX) was a big mover last session, as the company saw its shares rise by over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained over 27% since Nov 12.

This biotechnology company has seen a mixed track record when it comes to estimate revisions of one increase and one decrease over the past 30-day time frame, while the Zacks Consensus Estimate hasn’t been in a trend. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Some better-ranked stocks in the same sector include Heska Corporation (HSKA), Actelion Ltd. (ALIOF) and AMAG Pharmaceuticals, Inc. (AMAG). All these stocks hold a Zacks Rank #1 (Strong Buy).

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ATHERSYS INC (ATHX): Free Stock Analysis Report

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