Rockwell Medical, Inc. (RMTI) was a big mover last session with its shares rising over 11% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has gained roughly 62% in the past one-month time frame.
This integrated biopharmaceutical company provider has seen one positive estimate revision over the past 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can turn into more strength down the road.
Rockwell Medical currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked Med-products stock is Hospira Inc. (HSP) with a Zacks Rank #1 (Strong Buy).
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