Invacare Corporation (IVC) in Focus: Stock Surges 14.5% – Tale of the Tape

Zacks

Invacare Corporation (IVC) was a big mover last session, as the company saw its shares nearly 15% 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 uptrend for the company as the stock is now up 19.5% in the past one-month time frame.

In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Some better-ranked stocks in the medical appliances & equipment industry include The Cooper Companies Inc. (COO), Straumann Holding AG (SAUHF) and Cardinal Health, Inc. (CAH). While The Cooper Companies and Straumann Holding carry a Zacks Rank #1 (Strong Buy), Cardinal Health holds a Zacks Rank #2 (Buy).

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