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Luminex Corporation (LMNX) Jumps: Stock Adds 8.1% in Session

Zacks Equity Research

Luminex Corporation (LMNX) was a big mover last session, as the company saw its shares rise slightly over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $16.19 to $17.81 in the past one-month time frame.

The company has seen no estimate revisions over the past 30 days, while its Zacks Consensus Estimate has remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future to see if yesterday’s jump can turn into more strength down the road.

Luminex Corporation currently sports a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the medical sector include Accuray Incorporated (ARAY), RTI Surgical Inc. (RTIX) and Bacterin International Holdings, Inc. (BONE). While Accuray Incorporated and RTI Surgical sport a Zacks Rank #1, Bacterin International Holdings holds a Zacks Rank #2.

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LUMINEX CP (LMNX): Free Stock Analysis Report

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RTI SURGICAL INC (RTIX): Free Stock Analysis Report


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