Molina Healthcare, Inc. (MOH) was a big mover last session, as the company saw its shares rise nearly 11% on the day. The upside came on the company’s announcement of solid second-quarter 2015 results on Thursday. This breaks the recent trend for the company, as the stock is now trading above the volatile price range of $67.53–$73.43 in the paste-month time frame.
In the last 30 days, the company has seen one upward and two downward revisions, while the Zacks Consensus Estimate moved higher, suggesting that more solid trading could be ahead for Molina Healthcare. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Molina Healthcare carries a Zacks Rank #3 (Hold).
A better-ranked stock from the healthcare industry is Centene Corp. (CNC), which sports a Zacks Rank #1 (Strong Buy).
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