Strength Seen in Flexion Therapeutics (FLXN): Stock Soars 17.8% – Tale of the Tape

Zacks

Flexion Therapeutics, Inc. (FLXN) was a big mover last session with its shares rising nearly 18% 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 of the company as the stock has gained over 57% in the past one-month time frame.

This specialty pharmaceutical company has seen 2 positive estimate revisions in the last 60 days. The Zacks Consensus Estimate has also moved considerably higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s price climb can turn into more strength down the road.

Flexion Therapeutics currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Investors interested in the Med-Drugs industry may also consider stocks like Endocyte, Inc. (ECYT), Lannett Company, Inc. (LCI) and Endo International plc (ENDP). While Endocyte and Lannett Company sport a Zacks Rank #1 (Strong Buy), Endo International bears a Zacks Rank #2.

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