SmileDirectClub, Inc. SDC was a big mover last session, as the company saw its shares rise more than 13% 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 39.4% in the past one-month time frame.
The uptick came following the report that the company has started producing face shields for healthcare workers in response to the coronavirus outbreak.
The company has seen three negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, 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.
SmileDirectClub currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
SmileDirectClub, Inc. Price
SmileDirectClub, Inc. price | SmileDirectClub, Inc. Quote
A better-ranked stock in the Medical - Dental Supplies industry is Endologix, Inc. ELGX, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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