Ultragenyx Pharmaceutical (RARE) Jumps: Stock Up 6.6%

Zacks

Ultragenyx Pharmaceutical Inc. RARE 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 of the company, as the stock is now trading above the volatile price range of $58.56 to $69.53 in the past one-month time frame.

The company has seen no estimate revisions over the past 7 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Ultragenyx Pharmaceutical currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the Med-Biomed/Gene industry is ANI Pharmaceuticals, Inc. ANIP, which sports a Zacks Rank #1 (Strong Buy).

Is RARE going up? Or down? Predict to see what others think: Up or Down

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