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BioDelivery Sciences International (BDSI) Rises: Stock Jumps 8.9%

Zacks Equity Research

BioDelivery Sciences International, Inc. (BDSI) was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $9.85 to $12.51 in the past one-month time frame.

The company has seen one positive and one negative estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

BioDelivery Sciences currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Some better-ranked medical stocks include Actelion Ltd. (ALIOF), Agenus Inc. (AGEN) and Biogen Idec Inc. (BIIB). All these stocks sport a Zacks Rank #1 (Strong Buy).

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