Strength Seen in China Cord Blood (CO): Stock Soars 19.5% – Tale of the Tape

Zacks

China Cord Blood Corporation (CO) was a big mover last session with its shares rising nearly 20% on the day. The move came on solid volume too with far more shares of changing hands than in a normal session. This continues the recent uptrend of the company as the stock has gained nearly 24% in the past one-month time frame.

This provider of umbilical cord blood storage and ancillary services has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

China Cord Blood currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the home health care industry may consider better-ranked stocks like Almost Family Inc. (AFAM), Amedisys Inc. (AMED) and HEALTHSOUTH Corp. (HLS). All the three stocks sport a Zacks Rank #1 (Strong Buy).

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