Exelixis, Inc. (EXEL) was a big mover last session, as the company saw its shares rise almost 16% 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 for the company, as the stock is now trading above the volatile price range of $1.62 to $2.04 in the past one-month time frame.
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.
Exelixis currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the same industry is Affymetrix Inc. (AFFX) with a Zacks Rank #1 (Strong Buy).
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