IDEAYA Biosciences, Inc. IDYA was a big mover last session, as the company saw its shares rises more than 10% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This stock which remained volatile and traded within the range of $6.99-$10.23 in the past one-month time frame, witnessed a sharp increase yesterday.
The move came after the company selected development candidate IDE397 for its Methionine adenosyltransferase 2a (MAT2A) Synthetic Lethality program.
The company has seen three negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
IDEAYA currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
IDEAYA Biosciences, Inc. Price
IDEAYA Biosciences, Inc. price | IDEAYA Biosciences, Inc. Quote
A better-ranked stock in the Medical - Biomedical and Genetics industry is Aytu Bioscience, Inc. AYTU, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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