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Regeneron Pharmaceuticals (REGN) Jumps: Stock Gains 7.4%

Zacks Equity Research

Regeneron Pharmaceuticals, Inc. (REGN) was a big mover last session with shares rising over 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 downtrend of the company, as the stock has lost nearly 2% in the past one-month time frame.

This biopharmaceutical company has seen one positive estimate revision in the last 60 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can turn into more strength down the road.

Regeneron Pharmaceuticals currently holds a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Investors interested in the Bio-medical sector may also consider other well-placed stocks like ANI Pharmaceuticals, Inc. (ANIP), Actelion Ltd. (ALIOF) and Agenus Inc. (AGEN). While ANIP and ALIOF sport a Zacks Rank #1, AGEN carries a Zacks Rank #2 (Buy).

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