Jazz Pharmaceuticals plc JAZZ was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $121.81 to $128.68 in the past one-month time frame.
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Jazz Pharmaceuticals. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Jazz Pharmaceuticals currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
Investors interested in the Medical – Drugs industry may consider a better-ranked stock like Corbus Pharmaceuticals Holdings, Inc. CRBP, which 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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Corbus Pharmaceuticals Holdings, Inc. (CRBP) : Free Stock Analysis Report
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