Aratana Therapeutics (PETX) Falls: Stock Goes Down 5.9% – Tale of the Tape

Zacks

Aratana Therapeutics, Inc. (PETX) saw a big move last session, as the company’s shares fell by nearly 6 % on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend for PETX, as the stock is now down nearly 29% in the past one-month time frame.

This Medical company has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for loss estimate hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

PETX currently has a Zacks Rank # 4 (Sell).

Some better-ranked stocks in the Medical Drugs industry include Blount Endo International plc (ENDP), Hyperion Therapeutics, Inc. (HPTX) and Portola Pharmaceuticals, Inc. (PTLA). All these stocks carry a Zacks Rank #1 (Strong Buy).

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