MiMedx (MDXG) in Focus: Stock Moves 13.8% Higher – Tale of the Tape

December 13, 2013 Technicals 0

Zacks

MiMedx Group, Inc. (MDXG) was a big mover last session with its shares rising nearly 14% 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 over 42% in the past one-month time frame.

This medical equipment manufacturer has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate also remained unchanged over the same period. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

However, better-ranked stocks in the broader healthcare sector include Heska Corp. (HSKA), Osiris Therapeutics, Inc. (OSIR) and Actelion Ltd. (ALIOF). All these stocks sport a Zacks Rank #1 (Strong Buy).

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