Achaogen, Inc. AKAO was a big mover last session, as the company saw its shares rise over 6% 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 since Dec 11, as the stock is now trading above the volatile price range of $5.51 to $5.80.
The company has not seen any estimate revision in the past 30 days and its 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.
Achaogen currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked med-drugs stock is Corcept Therapeutics Incorporated CORT with a Zacks Rank #1 (Strong Buy).
Is AKAO going up? Or down? Predict to see what others think: Up or Down
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