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GW Pharmaceuticals (GWPH) Jumps: Stock Rises 6.6%

Zacks Equity Research

GW Pharmaceuticals plc (GWPH) was a big mover last session, as the company saw its shares rise by roughly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.  This continues the recent uptrend of the company as the stock has now gained almost 30% since Feb 21.

This medical products company has seen one positive and one negative estimate revision over the last 30 days while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for GW Pharmaceuticals. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

GW Pharmaceuticals has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Some better-ranked stocks in the same industry include Enzymotec Ltd. (ENZY), Covidien plc (COV) and SurModics, Inc. (SRDX).  While Enzymotec holds a Zacks Rank #1 (Strong Buy), Covidien and SurModics carry a Zacks Rank #2 (Buy).

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