IRadimed (IRMD) Jumps: Stock Moves 7.4% Higher – Tale of the Tape

Zacks

IRadimed Corporation (IRMD) was a big mover last session with its shares rising over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend of the company as the stock has lost nearly 18% in the past one-month time frame.

This developer of magnetic resonance imaging (MRI) compatible products has seen no estimate revision in the last 7 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s price climb is encouraging though, so make sure to keep a close watch on this firm in the near future.

IRadimed currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Stocks worth considering in the medical instruments industry are RTI Surgical Inc. (RTIX), Bacterin International Holdings, Inc. (BONE) and Echo Therapeutics, Inc. (ECTE). While RTI Surgical sports a Zacks Rank #1 (Strong Buy), Bacterin International and Echo Therapeutics carry a Zacks Rank #2 (Buy).

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