Quidel Corporation QDEL was a big mover last session, as the company saw its shares rise nearly 7% 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 for the company as the stock is now down 18.7% in the past one-month time frame.
The company has seen two negative estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, 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.
Quidel currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is negative.
Quidel Corporation Price
Quidel Corporation Price | Quidel Corporation Quote
Another stock worth considering in the Medical - Products sector is Bovie Medical Corporation BVX which carries a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank stocks here.
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