Synergy Pharmaceuticals, Inc. (SGYP) was a big mover last session, as its shares rose nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the trend for the company since Apr 10, as the stock is now trading above the volatile price range of $4.16 to $4.62.
In the last 30 days, the company did not witness 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.
Synergy Pharmaceuticals currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Better-ranked medical stocks include Enanta Pharmaceuticals, Inc. (ENTA), Questcor Pharmaceuticals, Inc. (QCOR) and ImmunoGen, Inc. (IMGN). All three sport a Zacks Rank #1 (Strong Buy).
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