Sunshine Heart (SSH) Worth Watching: Stock Gains 10.5% – Tale of the Tape

Zacks

Sunshine Heart Inc. (SSH) was a big mover last session with its shares rising over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend of the company as the stock has lost nearly 13% in the past one-month time frame.

This early-stage medical device company has witnessed 3 positive estimate revisions in the last 60 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 climb can turn into more strength down the road.

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

A better-ranked stock worth considering in the medical instruments industry is Fluidigm Corporation (FLDM) with a Zacks Rank #1 (Strong Buy).

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