RTI Surgical (RTIX) Jumps: Stock Moves 12.6% Higher – Tale of the Tape

October 24, 2014 Technicals 0

Zacks

RTI Surgical Inc. (RTIX) was a big mover last session with its shares rising nearly 13% 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 over 23% in the past one-month time frame.

This manufacturer of orthopedic and other surgical implants has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

RTI Surgical currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Some other well-placed stocks worth considering in the medical instruments industry are AngioDynamics Inc. (ANGO), Alphatec Holdings, Inc. (ATEC) and Edwards Lifesciences Corp. (EW). While ANGO sports a Zacks Rank #1 (Strong Buy), ATEC and EW carry the same Zacks Rank as RTI Surgical.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

Be the first to comment

Leave a Reply