Strength Seen in Fluidigm (FLDM): Stock Moves 9.8% Higher – Tale of the Tape

January 21, 2015 Technicals 0

Zacks

Fluidigm Corporation (FLDM) was a big mover last session with shares rising nearly 10% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the past one month’s volatile price range of $32.01 to $36.90.

This developer and seller of microfluidic systems has seen one negative estimate revision in the last 30 days. However, the Zacks Consensus Estimate has remained unchanged over the same period. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

A better-ranked Med-Instruments stock is Inogen, Inc. (INGN) with a Zacks Rank #1 (Strong Buy).

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