Clovis Oncology, Inc. (CLVS) was a big mover last session, as its shares rose over 13% 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 Sep 3, as the stock is now trading above the volatile price range of $40.02 to $46.08.
In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Clovis Oncology currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks worth considering in the med-biomed gene industry include Cambrex Corporation. (CBM), Gilead Sciences Inc. (GILD) and InSite Vision Incorporated (INSV). All these stocks sport a Zacks Rank #1 (Strong Buy).
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