MEI Pharma, Inc. (MEIP) was a big mover last session, as the company saw its shares rise over 12% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $8.45 to $11.45 in the past one-month time frame, showed a pick-up yesterday at $11.21.
In the last 30 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged. However, yesterday’s price action is encouraging, so make sure to keep a close watch on this firm in the near future.
MEI Pharma currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some other stocks worth considering in the healthcare industry include Alexion Pharmaceuticals, Inc. (ALXN) and Aastrom Biosciences, Inc. (ASTM) with a Zacks Rank #1 (Strong Buy) along with Cambrex Corporation.(CBM) holding a Zacks Rank #2 (Buy).
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