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Oncothyreon Inc. (ONTY) in Focus: Stock up 6.1%

Zacks Equity Research

Oncothyreon Inc. (ONTY) was a big mover last session, as the company saw its shares rise slightly over 6% on the day. This jump can be attributable to solid volume too with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $2.83 to $3.89 in the past one-month time frame, showed a pick-up yesterday at $3.60.

The company has seen 2 positive revisions in the past month, while its Zacks Consensus Estimate, which is pegged at a loss, narrowed over the same period, suggesting that more solid trading could be ahead for Oncothyreon. 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.

Oncothyreon currently has a Zacks Rank #2 (Buy) while its  Earnings ESP is negative.

Some other players in the healthcare industry include Alexion Pharmaceuticals, Inc. (ALXN), with a Zacks Rank #1 (Strong Buy) along with Actelion Ltd. (ALIOF) and Cambrex Corporation.(CBM) holding a Zacks Rank #2 (Buy).  

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