ANI Pharmaceuticals, Inc. (ANIP) Looks Strong: Stock Soars 20.7% – Tale of the Tape

Zacks
ANI Pharmaceuticals, Inc. (ANIP) was a big mover last session, as the company saw its shares surge nearly 21% on the day. This jump can be attributable to solid volume too with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $21.62 to $33.01 in the past one-month time frame, showed a pick-up yesterday at $30.83.

In the last 30 days, the company witnessed 1 downward estimate revision and the Zacks Consensus Estimate moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's high can last.

ANI Pharmaceuticals currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.

Some other players in the healthcare industry include Myriad Genetics Inc. (MYGN), Biogen Idec Inc. (BIIB) and Aastrom Biosciences, Inc. (ASTM) all carrying the same rank as ANI Pharmaceuticals.

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