OvaScience (OVAS) Continues Soaring: Adds 23.6% in Session – Tale of the Tape

December 19, 2014 Technicals 0

Zacks

OvaScience, Inc. (OVAS) was a big mover last session, as the company saw its shares rise nearly 24% on the day. The stock hit a 52-week high of $36.54 on Dec 17, after announcing the achievement of its 2014 corporate goals. Following the news, several analysts raised their ratings as well as target prices for the stock, which further enhanced the company’s share price. Hence, the stock is now trading above the volatile price range of $24.00 to $34.96 over the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

OvaScience carries a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.

A better-ranked stock in the med-biomed/gene industry is Affymetrix Inc. (AFFX), sporting a Zacks Rank #1 (Strong Buy).

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