Proteon Therapeutics Inc (PRTO) in Focus: Stock Jumps 5.6% – Tale of the Tape

Zacks

Proteon Therapeutics Inc (PRTO) was a big mover last session, as the company saw its shares rise nearly 6% 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 45.24% in the past one-month time frame.

The company has seen one positive revision in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this industry stock. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Proteon Therapeutics currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

A better-ranked stock in the same industry is Affymetrix Inc. (AFFX), sporting a Zacks Rank #1 (Strong Buy).

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