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Zimmer Holdings (ZMH) Soars: Stock Up 11.5%

Zacks Equity Research

Zimmer Holdings, Inc. (ZMH) was a big mover last session, as its shares rose nearly 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the trend for the company as the stock is now trading above the volatile price range of $90.99 to $97.97 in the past one-month timeframe.

In the last 30-day frame, the company witnessed two estimate revisions while the Zacks Consensus Estimate hasn’t been in a trend either. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Better-ranked medical stocks include Edwards Lifesciences Corp. (EW), Enzymotec Ltd. (ENZY ) and Venaxis, Inc. (APPY). While Edwards Lifesciences and Venaxis carry a Zacks Rank #2 (Buy), Enzymotec sports a Zacks Rank #1 (Strong Buy).

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