Fate Therapeutics, Inc. FATE was a big mover last session, as its shares rose over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This also led to far more shares changing hands than in a normal session. Friday’s rally breaks the trend of the company since Feb 8, as the stock is now trading above the volatile trend of $Array.5Array to $Array.80.
Over the last 30 days, the company did not witness any estimate revision and the 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.
Fate Therapeutics currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked biomedical stock is Anika Therapeutics Inc. ANIK with a Zacks Rank #Array (Strong Buy).
Is FATE going up? Or down? Predict to see what others think: Up or Down
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