Xenoport, Inc. (XNPT) was a big mover last session, as its shares rose nearly 6% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This continues the trend for the company since May 9, as the stock now up over 30%.
In the last 30 days, the company witnessed two negative estimate revisions and the Zacks Consensus Estimate also moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.
Xenoport currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Other better-ranked stocks in the medical sector include Gilead Sciences Inc. (GILD), ANI Pharmaceuticals, Inc. (ANIP) and Illumina Inc. (ILMN). All three sport a Zacks Rank #1 (Strong Buy).
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