Omeros Corporation (NASDAQ:OMER) was a big mover last session, as the company saw its shares rise almost 12% on the day. The move came on solid volume 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 $14.95 to $16.44 in the past one-month time frame.
The company has seen two negative estimate revisions in the last 30 days and the Zacks Consensus Estimate also moved lower suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.
Currently, Omeros carries a Zacks Rank #3 (Hold).
A better-ranked stock in the same industry is Bio-Rad Laboratories, Inc. (NYSE:BIO) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is OMER going up? Or down? Predict to see what others think: Up or Down
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Bio-Rad Laboratories, Inc. (BIO): Free Stock Analysis Report
Omeros Corporation (OMER): Free Stock Analysis Report
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Zacks Investment Research