Strength Seen in GTX (GTXI): Stock Moves 8.8% Higher

Zacks Equity Research

Wed, Mar 19, 2014, 7:47 AM

GTX Inc. (GTXI) was a big mover last session with shares rising nearly 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 of the company, as the stock is now trading way above the past one month’s volatile price range of $1.68 to $1.84.

This biopharmaceutical company has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

GTX currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Investors interested in the biomedical industry may consider better-ranked stocks like Alexion Pharmaceuticals, Inc. (ALXN), Gilead Sciences Inc. (GILD) and Actelion Ltd. (ALIOF). While ALXN and GILD sport a Zacks Rank #1 (Strong Buy), ALIOF bears a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

GTX INC (GTXI): Free Stock Analysis Report

ALEXION PHARMACEUTICALS INC (ALXN): Free Stock Analysis Report

GILEAD SCIENCES INC (GILD): Free Stock Analysis Report

ACTELION LTD (ALIOF): Free Stock Analysis Report

Zacks Investment Research

Suze Orman Decided To Drop Homeowners Insurance After An Outrageous Quote: '$28,000 For A 2,100-Square-Foot Condo. Are You Kidding Me?'
Finance expert Suze Orman has voiced concerns about the impact of climate change on property insurance costs, asserting it could threaten the American dream of homeownership. Orman, 72, faced a $28,000 annual insurance quote for her Florida oceanside condo, leading her to forego coverage entirely. She highlights a troubling trend where soaring insurance costs driven by frequent and severe weather events may deter Americans from buying homes. Don't Miss: For many first-time buyers, a house is abo
Benzinga•10h ago
The IRS says it’s going after wealthy tax cheats. Here’s what new audit stats show.
After Congress approved billions of extra funding for tax compliance, the Internal Revenue Service pledged it would get tougher on rich taxpayers and corporations while avoiding extra scrutiny of middle-class households.
MarketWatch•13h ago
Analysts revise Facebook parent Meta stock price targets before earnings
Here's what could happen next to Meta Platforms' stock.
TheStreet•4h ago
JPMorgan’s ‘Bloody Friday’: Why Several Top Financial Advisors Jumped Ship the Same Day
Six teams managing nearly $15 billion in total assets quit JPMorgan Chase’s brokerage unit to join competitors last Friday. Here’s what may have triggered their departures.
Barrons.com•8h ago
Tesla's shift on low-cost cars throws Mexico, India factory plans into limbo
SAN FRANCISCO (Reuters) -Tesla said on Tuesday that it will use its existing factories to build new and more affordable vehicles as early as late this year, leaving investments in new factories in Mexico and India unlikely in the near term. The world's top EV maker said it plans to raise production by 50% from 2023 to its current capacity of close to 3 million vehicles before investing in new manufacturing lines. "This update may result in achieving less cost reduction than previously expected but enables us to prudently grow our vehicle volumes in a more capex efficient manner during uncertain times," the company said.
Reuters•2h ago
Holding 6 Ethereum (ETH) Could Make You A Millionaire, According to Cathie Wood
With the recent halving and spot exchange-traded funds (ETFs) driving demand, Bitcoin has had the spotlight for much of 2024. However, according to Cathie Wood of Ark Invest, Ethereum (ETH) could catch up to Bitcoin and provide investors with huge profits in the coming years. At an investor conference held by Ark Invest, Wood spoke about Ethereum, noting that the project could reach a market capitalization of $20 trillion by 2032. ETH currently has a supply of around 120 million tokens. So, a ma
Benzinga•13h ago
Ex-Googler and Palestinian-American fired for opposing Project Nimbus speaks out: ‘This was not my idea of what the American workplace should be’
Several fired Google employees spoke at a press conference Monday about their experiences.
Fortune•11h ago
3 Super-Safe Stocks That Could Reach 70 Consecutive Years of Dividend Raises By 2032
When it comes to reliable passive income, these three dividend-paying companies are best in breed.
Motley Fool•17h ago
Should You Buy Intel Stock Before Earnings?
Intel is underperforming the broader semiconductor index.
Motley Fool•9h ago
Donald Trump will get $1.3 billion in Trump Media bonus shares if the stock doesn't crash today
If Trump Media can trade above $17.50 a share by Tuesday's closing bell, company insiders are set to receive millions in extra shares.
Business Insider•4h ago

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Strength Seen in GTX (GTXI): Stock Moves 8.8% Higher

Recommended Stories

Suze Orman Decided To Drop Homeowners Insurance After An Outrageous Quote: '$28,000 For A 2,100-Square-Foot Condo. Are You Kidding Me?'

The IRS says it’s going after wealthy tax cheats. Here’s what new audit stats show.

Analysts revise Facebook parent Meta stock price targets before earnings

JPMorgan’s ‘Bloody Friday’: Why Several Top Financial Advisors Jumped Ship the Same Day

Tesla's shift on low-cost cars throws Mexico, India factory plans into limbo

Holding 6 Ethereum (ETH) Could Make You A Millionaire, According to Cathie Wood

Ex-Googler and Palestinian-American fired for opposing Project Nimbus speaks out: ‘This was not my idea of what the American workplace should be’

3 Super-Safe Stocks That Could Reach 70 Consecutive Years of Dividend Raises By 2032

Should You Buy Intel Stock Before Earnings?

Donald Trump will get $1.3 billion in Trump Media bonus shares if the stock doesn't crash today