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China Nepstar Chain Drugstore (NPD) Jumps: Stock Rises 7.4%

Zacks Equity Research

China Nepstar Chain Drugstore Ltd. (NPD) was a big mover last session, as the company saw its shares rise by over 7% 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 $1.87 to $2.29 in the past one-month time frame.

This retail drug store has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

China Nepstar Chain Drugstore currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the retail drug industry include Forest Laboratories Inc. (FRX), CVS Caremark Corporation (CVS) and Herbalife Ltd. (HLF). While Forest Laboratories holds a Zacks Rank #1 (Strong Buy), CVS Caremark and Herbalife carry a Zacks Rank #2 (Buy).

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