uniQure N.V. (QURE) in Focus: Stock Adds 9.6% in Session – Tale of the Tape

Zacks

uniQure N.V. (QURE) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The upside followed the company’s announcement of its decision to collaborate with Treeway B.V in order to develop a gene therapy treatment for ALS. The news led to far more shares changing hands than in a normal session, thus continuing the recent uptrend of the company as the stock is now up 56.56% since Jan 2.

The stock has witnessed two upward estimate revisions in the past 60 days. The Zacks Consensus Estimate has also moved up over the same time frame, suggesting that more solid trading could be ahead for uniQure. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.

uniQure carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

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

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