Strength Seen in Cara Therapeutics Inc. (CARA) as Stock Rallies 19.60% – Tale of the Tape

Zacks
Cara Therapeutics Inc. (CARA) was a big mover last session, as the company saw its shares surge over 19% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 28.28% in the past one-month time frame.

In the last 30 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged. However, Friday’s price action is encouraging, so make sure to keep a close watch on this firm in the near future.

Cara Therapeutics Inc. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Other players in the healthcare industry include Illumina Inc. (ILMN), Gilead Sciences Inc. (GILD) and ANI Pharmaceuticals, Inc. (ANIP) all carrying a Zacks Rank #1 (Strong Buy).

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