Mettler-Toledo International Inc. (MTD) was a big mover last session with its shares rising nearly 8% 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 of the company since Jan 23, as the stock is now trading above the volatile price range of $234.71 to $253.59.
This provider of precision instruments and services has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn’t remained in trend either. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Mettler-Toledo currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some well-placed stocks in the broader Healthcare sector include Endocyte, Inc. (ECYT), Lannett Company, Inc. (LCI) and Ariad Pharmaceuticals Inc. (ARIA). While ECYT sports a Zacks Rank #1 (Strong Buy), LCI and ARIA carry a Zacks Rank #2 (Buy).
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