Axsome Therapeutics (AXSM) Catches Eye: Stock Jumps 6.6%

Zacks

Axsome Therapeutics , Inc. AXSM was a big mover last session, as the company saw its shares above 6% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company as the stock is now down almost 26% in the past one-month time frame.

In the last 30 days, the company has seen no estimate revisions and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Axsome Therapeutics currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked Bio-medical/Gene stock is ANI Pharmaceuticals, Inc. ANIP, which sports a Zacks Rank #1 (Strong Buy).

Is AXSM going up? Or down? Predict to see what others think: Up or Down

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

Zacks Investment Research

Be the first to comment

Leave a Reply