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Conformis (CFMS) Looks Good: Stock Adds 7.7% in Session

By Zacks Investment ResearchStock MarketsJan 07, 2021 08:40PM ET
www.investing.com/analysis/conformis-cfms-looks-good-stock-adds-77-in-session-200551949
Conformis (CFMS) Looks Good: Stock Adds 7.7% in Session
By Zacks Investment Research   |  Jan 07, 2021 08:40PM ET
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Conformis, Inc. CFMS was a big mover last session, as the company saw its shares rise nearly 8% 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 $0.6410 to $0.7840 in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while 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.

Conformis has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the Medical - Instruments industry may consider Cantel Medical (NYSE:CMD) Corp. CMD which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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ConforMIS, Inc. (NASDAQ:CFMS): Free Stock Analysis Report

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Conformis (CFMS) Looks Good: Stock Adds 7.7% in Session
 

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Conformis (CFMS) Looks Good: Stock Adds 7.7% in Session

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Jason Soltero
Jason Soltero May 10, 2021 8:28AM ET
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