Cambrex Corporation. (CBM) was a big mover last session, as the company saw its shares rise over 10% on the day. This rally higher can be attributable to solid volume too with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the volatile price range of $16.25 to $18.77 in the past one-month time frame.
The company has seen one positive revision over the past 30 days, while its Zacks Consensus Estimate moved higher over the same time period, suggesting that more solid trading could be ahead for Cambrex Corporation. So make sure to keep an eye on this stock going forward to see if yesterday’s gain can turn into more strength down the road.
Cambrex Corporation currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the healthcare industry include Actelion Ltd. (ALIOF), Gentium S.p.A (GENT) and Affymetrix Inc. (AFFX). All these stocks hold a Zacks Rank #1 (Strong Buy).
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CAMBREX CORP (CBM): Free Stock Analysis Report
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