Achillion Pharmaceuticals, Inc. (ACHN) was a big mover last session, as its shares rose nearly 48% 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 near-flat trend for the company, as the stock is now trading above the volatile price range of $2.67 to $2.95 in the past one-month timeframe.
In the last 30 days, the company witnessed one negative estimate revision while the Zacks Consensus Estimate remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Achillion Pharmaceuticals currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Other better-ranked stocks in the medical sector include Gilead Sciences Inc. (GILD), ANI Pharmaceuticals, Inc. (ANIP) and Illumina Inc. (ILMN). All three sport a Zacks Rank #1 (Strong Buy).
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