BioTelemetry, Inc. (BEAT) Jumps: Stock Adds 6.5% in Session – Tale of the Tape

Zacks

BioTelemetry, Inc. (BEAT) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $9.73 to $10.46 over the past one-month time frame.

The stock has witnessed one upward estimate revision in the past 30 days. The Zacks Consensus Estimate has also moved up over the same time frame, suggesting that more solid trading could be ahead for BioTelemetry. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.

BioTelemetry sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is positive.

Investors interested in the medical services industry may also consider The Advisory Board Company (ABCO) carrying the same rank as BioTelemetry.

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