Amicus Therapeutics, Inc. (FOLD) was a big mover last session, as its shares rose over 7% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as the stock is now trading above the volatile price range of $2.86 to $4.02 in the past one-month timeframe.
In the last 30 days, the company witnessed one positive estimate revision and the Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Amicus Therapeutics currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Better-ranked medical stocks include Curis, Inc. (CRIS), Enzo Biochem Inc. (ENZ) and The Medicines Company (MDCO). All three carry a Zacks Rank #1 (Strong Buy).
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