Cara Therapeutics Inc. (CARA) was a big mover last session, as its shares surged over 12% on the day. The surge came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock has gained nearly 21% in the last five trading sessions.
In the last 5 days, the company did not see any estimate revision and the Zacks Consensus Estimate hasn’t been in a trend either. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Cara Therapeutics currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the medical sector include Emergent BioSolutions, Inc. (EBS), Gilead Sciences Inc. (GILD) and Halozyme Therapeutics, Inc. (HALO). While Emergent and Gilead sport a Zacks Rank #1 (Strong Buy), Halozyme carries a Zacks Rank #2 (Buy) .
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