TherapeuticsMD, Inc. (TXMD) saw a big move last session, as the company’s shares fell by over 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $4.13–$5.47 in the past one-month time frame, showed a sharp decline yesterday at $5.01.
The specialty pharmaceutical company has seen a flat track record when it comes to current year estimate revisions over the past few weeks and the consensus for loss hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.
TXMD currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the Medical-Drugs industry include Synergy Pharmaceuticals, Inc. (SGYP), Aerie Pharmaceuticals, Inc. (AERI) and BioCryst Pharmaceuticals, Inc. (BCRX). Among these stocks, Synergy carries a Zacks Rank #1 (Strong Buy) and Aerie and BioCryst hold a Zacks Rank #2 (Buy).
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