This biopharmaceutical company has witnessed two positive estimate revisions in the last 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can turn into more strength down the road.
Dipexium currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Investors interested in the biomedical industry may also consider stocks like Lannett Company, Inc. (LCI), IGI, Laboratories, Inc. (IG) and Sucampo Pharmaceuticals, Inc. (SCMP). All the three stocks sport a Zacks Rank #1 (Strong Buy).
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