Sage Therapeutics (SAGE) in Focus: Stock Falls 7.4% – Tale of the Tape

Zacks

Sage Therapeutics, Inc. (SAGE) saw a big move last session, as the company’s shares fell by over 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for SAGE as the stock is now up around 9% since Dec 31.

The drug manufacturing company has seen a flat track record when it comes to current year estimate revisions over the past few weeks and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

SAGE currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Another better-ranked stock in the same sector is Aratana Therapeutics, Inc. (PETX) sporting a Zacks Rank #1 (Strong Buy).

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