ANI Pharmaceuticals, Inc. (ANIP) 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 of the healthcare company since Jan 27, as the stock is now trading above the volatile price range of $20.20 to $22.18.
In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
ANI Pharmaceuticals currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Other better-ranked stocks in the medical sector include Cambrex Corporation. (CBM), Emergent BioSolutions, Inc. (EBS) and Biogen Idec Inc. (BIIB). All three sport a Zacks Rank #1 (Strong Buy).
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