Adverum Biotechnologies, Inc. ADVM was a big mover last session, as the company saw its shares nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company for the company—as the stock is now up 106.9% in the past one-month time frame.
The company has seen a mixed track record when it comes to estimate revisions of no increase and decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Adverum Biotechnologies currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Another player in the Medical sector is BIOVERATIV INC BIVV, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is ADVM going up? Or down? Predict to see what others think: Up or Down.
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