Avanir Pharmaceuticals, Inc. (AVNR) in Focus: Stock Soars 12.8% – Tale of the Tape

Zacks

Avanir Pharmaceuticals, Inc. (AVNR) was a big mover last session, as the company saw its shares rise nearly 13% 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 28.87% since Nov 14, 2014.

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

Avanir Pharmaceuticals currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Other well-placed stocks in the same industry include IGI, Laboratories, Inc. (IG), Lannett Company, Inc. (LCI) and Sucampo Pharmaceuticals, Inc. (SCMP). All these stocks carry a Zacks Rank #1 (Strong Buy).

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