ZELTIQ Aesthetics, Inc. (ZLTQ) was a big mover last session, as its shares rose almost 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent trend for the company, as the stock is now up almost 29% in the past one-month time frame.
Over the last 60 days, the company witnessed three 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.
ZELTIQ Aesthetics currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Other well-performing stocks in the med products industry include S Abaxis, Inc. (ABAX), Eagle Pharmaceuticals Inc. (EGRX) and Conatus Pharmaceuticals Inc. (CNAT). All three carry a Zacks Rank #2 (Buy).
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