CEL-SCI Corp (CVM) Falls: Stock Goes Down 7% - Tale of the Tape
CEL-SCI Corporation (CVM) saw a big move last session, as the company’s shares fell by over 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for CVM as the stock is now up over 34% in the past one-month time frame.
This slump shouldn’t be too much of a surprise to investors, as the developer of drugs and vaccines has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
CVM currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the medical sector may consider better-ranked stock like Abaxis, Inc. (ABAX), which carries a Zacks Rank #1 (Strong Buy).
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