La Jolla Pharmaceutical Co. (LJPC) Jumps: Stock Rises 10.3% – Tale of the Tape

Zacks

La Jolla Pharmaceutical Co. (LJPC) was a big mover last session, as the company saw its shares rise more than 10% 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 is now up 45.16% since Oct 10.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

La Jolla Pharmaceutical carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
However, some better ranked stocks in the med-drugs industry include Biodel Inc. (BIOD), Cempra, Inc. (CEMP) and IGI, Laboratories, Inc. (IG), all sporting a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

Be the first to comment

Leave a Reply