Solta Medical, Inc. (SLTM) 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 continues the recent uptrend for the company, as the stock is now up nearly 10% in the past one-month time frame.
The company has seen one negative revision in the past 30 days and its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.
Solta Medical currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the medical appliances and equipment industry include Natus Medical Inc. (BABY), CryoLife Inc. (CRY) and MELA Sciences, Inc. (MELA). While Natus Medical has a Zacks Rank #1 (Strong Buy), CryoLife and MELA Sciences carry a Zacks Rank #2 (Buy).
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