Reata Pharmaceuticals, Inc. (NASDAQ:RETA) was a big mover last session, as the company saw its shares rise over 13% on the day. The news led to far more shares changing hands than in a normal session, resulting in solid volume. This reverses the recent trend for the company as the stock is now up 82.6% in the past one-month time frame.
The company has seen one positive estimate revision in the last 30 days, while its Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Reata Pharmaceuticals has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Another favorably placed stock in the same industry is ANI Pharmaceuticals, Inc. (NASDAQ:ANIP) , 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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ANI PHARMACEUT (ANIP): Free Stock Analysis Report
REATA PHARMAC (RETA): Free Stock Analysis Report
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