CorMedix (CRMD) Shows Strength: Stock Moves Up 14.6% – Tale of the Tape

ZacksCorMedix, Inc. (CRMD) was a big mover last session, as its shares rose almost 15% 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 almost 73% in the past one month time frame.

Over the last 30 days, this biopharmaceutical company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

A better-ranked biomedical stock is AMAG Pharmaceuticals, Inc. (AMAG) with a Zacks Rank #1 (Strong Buy).

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