Galena Biopharma, Inc. (GALE) was a big mover last session, as the company saw its shares rise over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 20.8% since Dec 24, 2014.
The company has seen no estimate revisions over the past 30 days, and the Zacks Consensus Estimate is 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.
Galena Biopharma currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A better-ranked biotechnology stock is Alexion Pharmaceuticals, Inc. (ALXN), sporting a Zacks Rank #1 (Strong Buy).
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