Omeros Corporation (OMER) was a big mover last session, as the company saw its shares rise 9% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the volatile price range of $11.41 to $15.87 in the past one-month time frame.
The company has seen 1 negative estimate revision in the past 30 days, while its Zacks Consensus Estimate of a loss widened over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Omeros Corporation currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Other better-ranked players in the same industry include Cardica Inc. (CRDC), NeuroMetrix Inc. (NURO) and ICU Medical, Inc. (ICUI) all carrying a Zacks Rank #2 (Buy).
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