QLT Inc. (QLTI) was a big mover last session, as the company saw its shares rally nearly 15% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the volatile price range of $5.06 to $5.66 in the past one-month time frame.
In the last 30 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged. However, yesterday’s price action is encouraging, so make sure to keep a close watch on this firm in the near future
QLT currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Other attractive players in the med drugs industry include Aeolus Pharmaceuticals Inc. (AOLS), Aerie Pharmaceuticals, Inc. (AERI) and Ariad Pharmaceuticals Inc. (ARIA), all carrying a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
MKT NEUTRAL QUALITY (QLT): Free Stock Analysis Report
AEOLUS PHARMACEUTICL (AOLS): Free Stock Analysis Report
AERIE PHARMACEUTICALS INC (AERI): Free Stock Analysis Report
ARIAD PHARMACEUTICALS INC (ARIA): Free Stock Analysis Report
Zacks Investment Research