XOMA Corporation (XOMA) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too 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 18.9% in the past one-month time frame.
The company has seen 3 positive revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for XOMA Corporation. So make sure to keep an eye on this stock going forward to see if the recent jump can turn into more strength down the road.
XOMA Corporation currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Some other stocks worth considering in the biomedical industry include Cambrex Corporation (CBM), China Biologic Products, Inc. (CBPO) and Gilead Sciences Inc. (GILD). Each of these stocks sports a Zacks Rank #1 (Strong Buy).
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