Concordia International Corp. (NASDAQ:CXRX) was a big mover last session, as the company saw its shares rise almost 10% 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 $1.11 to $1.41 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Concordia International currently carries a Zacks Rank #5 (Strong Sell), while its Earnings ESP is 0.00%.
A better-ranked stock worth considering from the Medical-Drugs space is MEI Pharma, Inc. (NASDAQ:MEIP) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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MEI Pharma, Inc. (MEIP): Free Stock Analysis Report
Concordia International Corp. (CXRX): Free Stock Analysis Report
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