KaloBios Pharmaceuticals (KBIO) Worth Watching: Stock Up 5.3% – Tale of the Tape

Zacks

KaloBios Pharmaceuticals, Inc. (KBIO) was a big mover last session with its shares rising over 5% 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 of the company as the stock has gained over 12% since May 19.

This biopharmaceutical company has seen two positive estimate revisions in the last 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can turn into more strength down the road.

KaloBios Pharmaceuticals currently holds a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Investors interested in the broader medical sector may consider other well-placed stocks like Myriad Genetics Inc. (MYGN), Gilead Sciences Inc. (GILD) and Illumina Inc. (ILMN). All three stocks sport a Zacks Rank #1 (Strong Buy).

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