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STAAR Surgical (STAA) Jumps: Stock Rises 6%

Zacks Equity Research

STAAR Surgical Company (STAA) was a big mover last session, as the company saw its shares rise nearly 6% 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 of the company, as the stock is now trading above the volatile price range of $14.14 to $17.10 in the past one-month time frame.

The company has seen two negative revisions in the past 30 days while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s jump lasts.

STAAR Surgical currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the medical instruments and supplies industry include Align Technology Inc. (ALGN), CR Bard Inc. (BCR) and Becton, Dickinson and Company (BDX). All of these have a Zacks Rank #2 (Buy).

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STAAR SURGICAL CO (STAA): Free Stock Analysis Report

ALIGN TECHNOLOGY INC (ALGN): Free Stock Analysis Report

CR BARD INC (BCR): Free Stock Analysis Report

BECTON DICKINSON & CO (BDX): Free Stock Analysis Report

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