Receptos, Inc. (RCPT) was a big mover last session with shares rising nearly 22% 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 much above the past one month’s volatile price range of $21.47 to $25.09.
This biopharmaceutical company has seen no estimate revision in the last 7 days. The Zacks Consensus Estimate has also remained unchanged over the same period. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
Receptos currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
However, better-ranked stocks in the same industry include Jazz Pharmaceuticals plc (JAZZ), Lannett Company, Inc. (LCI) and Questcor Pharmaceuticals, Inc. (QCOR). All these stocks sport a Zacks Rank #1 (Strong Buy).
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