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Discovery Laboratories Inc. (DSCO) in Focus: Stock Up 6%

Zacks Equity Research

Discovery Laboratories Inc. (DSCO) was a big mover last session, as the company saw its shares rise nearly 6% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company as the stock is now down about 18.4% in the past one-month time frame.

In the last 7 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged over the same period. However, the recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.

Discovery Laboratories currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Other attractive players in the med-biomed industry include Actelion Ltd. (ALIOF), Illumina Inc. (ILMN) and Myriad Genetics Inc. (MYGN) all carrying a Zacks Rank #1 (Strong Buy).

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