Alkermes plc (NASDAQ:ALKS) was a big mover last session, as the company saw its shares rise over 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $49.49–$52.26 in the past one-month time frame, witnessed a sharp increase yesterday.
Alkermes has seen no estimate revisions over the past one month, and the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Alkermes currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
A better ranked stock in the Medical - Biomedical and Genetics industry is Axovant Sciences Ltd. (NASDAQ:AXON) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Alkermes PLC (ALKS): Free Stock Analysis Report
Axovant Sciences Ltd. (AXON): Free Stock Analysis Report
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