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Dr. Reddy's Laboratories (RDY) Surges: Stock Moves 5.7% Higher

Published 09/22/2017, 08:32 AM
Updated 07/09/2023, 06:31 AM

Dr. Reddy's Laboratories Limited (NYSE:RDY) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 15.9% in the past one-month time frame.

The company has not seen any estimate revisions in the past one month, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Dr. Reddy's Laboratories currently has a Zacks Rank #4 (Sell).

A better-ranked stock in the Medical sector is Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) , which currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Alexion Pharmaceuticals, Inc. (ALXN): Free Stock Analysis Report

Dr. Reddy's Laboratories Ltd (RDY): Free Stock Analysis Report

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