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GenVec (GNVC) Shows Strength: Stock Moves Up 18.7%

Zacks Equity Research

GenVec, Inc. (GNVC) was a big mover last session, as its shares rose almost 19% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. Friday’s rally breaks the recent trend for the company, as the stock is now trading above the volatile price range of $2.06 to $2.64 in the past one-month time frame.

Over the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

A better-ranked biomedical stock is Gilead Sciences Inc. (GILD) with a Zacks Rank #1 (Strong Buy).

Is GNVC going up? Or down? Predict to see what others think: Up or Down

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