EnteroMedics Inc. (ETRM) was a big mover last session, as its shares rose almost 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend for the healthcare stock since Dec 19, as it is now up over 21%.
In the last 30-day frame, the company did not witness any estimate revision and the Zacks Consensus Estimate also hasn’t been in a trend. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
EnteroMedics currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked medical stocks include Hill-Rom Holdings, Inc. (HRC), diaDexus, Inc. (DDXS) and Cardiovascular Systems Inc. (CSII). All three companies carry a Zacks Rank #2 (Buy).
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