Atara Biotherapeutics, Inc. ATRA was a big mover last session, as the company saw its shares rise almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the downtrend for the company since Nov 27, as the stock is now down nearly 40%.
The company has not seen any estimate revision in the past 30 days and its Zacks Consensus Estimate also remained unchanged. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Atara Biotherapeutics currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.
Another favorably ranked biomedical stock is Anika Therapeutics Inc. ANIK with a Zacks Rank #1 (Strong Buy).
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