Merit Medical Systems, Inc. (MMSI) Jumps: Stock Rises 9% – Tale of the Tape

Zacks

Merit Medical Systems, Inc. (MMSI) was a big mover last session, as the company saw its shares rise more than 9% 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 $15.33 to $16.22 since Jan 15.

None of the estimates for this stock were revised in 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.

Merit Medical carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

A better-ranked stock in the medical instruments & supplies industry is Bio-Reference Laboratories Inc. (BRLI), sporting a Zacks Rank #1 (Strong Buy).

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