Verastem, Inc. (VSTM) was a big mover last session, as its shares rose a little over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend for the company since Oct 10, as the stock is now up over 15%.
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.
Verastem currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Other better-ranked biomedical stocks include Medivation, Inc. (MDVN), Merrimack Pharmaceuticals, Inc. (MACK) and Illumina Inc. (ILMN). All three sport a Zacks Rank #1 (Strong Buy).
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