U.S. Markets close in 4 hrs

BioTime (BTX) in Focus: Stock Moves 7.3% Higher

Zacks Equity Research
1 / 2

Abbott (ABT) Up 3.8% Since Last Earnings Report: Can It Continue?

Abbott (ABT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

BioTime, Inc. BTX was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $2.03 –$2.38 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen a flat track record when it comes to estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

BioTime currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

BioTime, Inc. Price

BioTime, Inc. Price | BioTime, Inc. Quote

 

Another stock worth considering in the Medical sector is Illumina, Inc. ILMN which carries a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.

Is BTX going up? Or down? Predict to see what others think: Up or Down

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Illumina, Inc. (ILMN) : Free Stock Analysis Report
 
BioTime, Inc. (BTX) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.