Applied Genetic Technologies Corporation AGTC was a big mover last session, as the company saw its shares rise over 8% 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 $15.99 to $18.07 in the past one-month time frame.
The company has seen no estimate revisions over the past 7days. However, its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Applied Genetic Technologies. 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.
Applied Genetic Technologies currently carries a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
A better-ranked stock in the Med-Biomed/Gene industry is Achillion Pharmaceuticals, Inc. ACHN, which sports a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Be the first to comment