Flexion Therapeutics, Inc. (FLXN) was a big mover last session, as its shares rose over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the trend for the company since Aug 19, as the stock is now trading above the volatile price range of $12.61 to $13.89.
In the last 30 days, the company witnessed two positive estimate revisions and the Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Flexion Therapeutics currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Other well-performing stocks in the med-drugs industry include Endo International plc (ENDP), Hyperion Therapeutics, Inc. (HPTX) and Lannett Company, Inc. (LCI). All three sport a Zacks Rank #1 (Strong Buy).
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