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Valeant (VRX) in Focus: Stock Moves 11.7% Higher

Zacks Equity Research

Valeant Pharmaceuticals International, Inc. VRX was a big mover last session, as the company saw its shares rise nearly 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 34.9% in the past one-month time frame.

The company has seen three positive estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Valeant. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

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

Valeant Pharmaceuticals International, Inc. Price

Valeant Pharmaceuticals International, Inc. Price | Valeant Pharmaceuticals International, Inc. Quote

A better-ranked stock in the Medical  sector is Collegium Pharmaceutical, Inc. COLL, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is VRX going up? Or down? Predict to see what others think: Up or Down

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