Corindus Vascular Robotics Inc. CVRS was a big mover last session, as the company saw its shares surge over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 32.1% since Mar 7, 2016.
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 stock. So make sure to keep an eye on this stock going forward to see if Thursday’s jump can turn into more strength down the road.
Corindus Vascular Robotics currently carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.
Another favorably placed stock in the same industry is ABIOMED, Inc. ABMD, sporting a Zacks Rank #1 (Strong Buy).
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