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Sequenom Inc. (SQNM) Soars: Stock Rises 9.2%

Zacks Equity Research

Sequenom Inc. (SQNM) was a big mover last session, as its shares rose over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as the stock is now trading above the volatile price range of $2.79 to $3.07 in the past one-month timeframe.

In the last 30 days, the company witnessed a mixed record of two negative and one positive estimate revisions while the Zacks Consensus Estimate remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm going forward.

Sequenom currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Other better-ranked stocks in the medical sector include Gilead Sciences Inc. (GILD), ANI Pharmaceuticals, Inc. (ANIP) and Illumina Inc. (ILMN). All three sport a Zacks Rank #1 (Strong Buy).

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SEQUENOM INC (SQNM): Free Stock Analysis Report

GILEAD SCIENCES INC (GILD): Free Stock Analysis Report

ANI PHARMACEUTICALS INC (ANIP): Free Stock Analysis Report

ILLUMINA INC (ILMN): Free Stock Analysis Report

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