Rexahn Pharmaceuticals, Inc. (RNN) Rises: Stock Up 8.6% – Tale of the Tape

Zacks

Rexahn Pharmaceuticals, Inc. (RNN) was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $0.66 to $0.71 over the past one-month time frame.

The stock has witnessed one upward estimate revision in the past 30 days. The Zacks Consensus Estimate has also moved up over the same time frame, suggesting that more solid trading could be ahead for Rexahn Pharmaceuticals. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.

Rexahn Pharmaceuticals hold a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the med-biomed/gene industry include Biogen Idec Inc. (BIIB), Affymetrix Inc. (AFFX) and NI Pharmaceuticals, Inc. (ANIP), all sporting a Zacks Rank #1 (Strong Buy).

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