IntelliPharmaCeutics International (IPCI) Jumps: Adds 7.8% – Tale of the Tape

April 28, 2015 Technicals 0

Zacks

IntelliPharmaCeutics International Inc. (IPCI) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too 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 volatile price range of $2.55 to $2.89 over the past one-month time frame.

The stock has witnessed two upward estimate revisions in the past 30 days. The Zacks Consensus Estimate has also moved up over the same time frame, suggesting that more solid trading could be ahead for IntelliPharmaCeutics International. 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.

IntelliPharmaCeutics International sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.

Investors interested in the med-drugs industry may also consider Anacor Pharmaceuticals, Inc. (ANAC) with the same rank as IntelliPharmaCeutics International.

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