Curis, Inc. (CRIS) was a big mover last session, as its shares rose almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. Friday’s rally reverses the downtrend for the company since Jun 22, as the stock is now down over 2%.
Over the last 7 days, the company witnessed a mixed record of one positive and one negative estimate revision while the Zacks Consensus Estimate moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday’s move higher lasts.
Curis currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
A better-ranked biomedical stock is Cambrex Corporation. (CBM) with a Zacks Rank #1 (Strong Buy).
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