Fortress Biotech (FBIO) Looks Good: Stock Adds 5% in Session
Fortress Biotech, Inc. FBIO was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend of the company, as the stock is now up roughly 29% in the past one-month time frame.
The company has seen one positive estimate revision in the last 30 days and the Zacks Consensus Estimate also moved higher suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Currently, Fortress Biotech carries a Zacks Rank #2 (Buy).
Fortress Biotech, Inc. Price
Fortress Biotech, Inc. Price | Fortress Biotech, Inc. Quote
Another similarly-ranked stock in the same industry is AC Immune SA ACIU. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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