The Cooper Companies (COO) Jumps: Stock Rises 8.4% – Tale of the Tape

Zacks

The Cooper Companies Inc. (COO) was a big mover last session, as the company saw its shares rise by over 8% 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 now gained over 12% since Jun 13.

This medical instrument & supplies company has seen nine positive estimate revisions over the past 30 days and its Zacks Consensus Estimate has moved higher over the same time frame, suggesting that more solid trading could be ahead for The Cooper Companies. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

The Cooper Companies currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Some better-ranked stocks in the same sector include AmerisourceBergen Corporation (ABC), Bio-Reference Laboratories Inc. (BRLI) and Steris Corp. (STE). All these stocks carry a Zacks Rank #2 (Buy).

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