Alexion Pharmaceuticals (ALXN) was a big mover last session, as the company saw its shares rise almost 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 trend for the company since Dec 30, as the stock is now trading above the volatile price range of $172.87 to $187.93.
Over the last 30 days, this biopharmaceutical company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Alexion Pharmaceuticals currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked biomedical stock is AMAG Pharmaceuticals, Inc. (AMAG) with a Zacks Rank #2 (Buy).
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