Syneron Medical Ltd. (ELOS) was a big mover last session, as the company saw its shares rise by over 16% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $8.83 to $9.77 in the past one-month time frame.
The company has not seen any estimate revision in the last one month, and the Zacks Consensus Estimate has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Syneron Medical maintains a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Some better performing medical instrument stocks include Cynosure, Inc. (CYNO), Natus Medical Inc. (BABY) and AngioDynamics Inc. (ANGO). While the first two hold a Zacks Rank #1 (Strong Buy), AngioDynamics carries a Zacks Rank #2 (Buy).
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